jorge Asked... 0 votes
Q. Are domain names taxable in the US?
If I own a high value domain, do I have to pay any kind of property tax on it?
If I register a domain for $10, and later sell it for $20000, is there any sales tax to be collected?
I live in California. But I assume these types of questions apply to anyone.
Tags:
domains
1 Answers
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Alberto Answered... 1 votes
You have to pay tax on the capital gains. Not really that there is a sales tax. But you made an investment and made profit.
10/29/2010 3:06:00 PM -07:00