Diamonds are rare and everybody know that they are luxurious products. Even the tiniest of diamonds are so expensive that not everyone can buy them. But those who do manage to save up enough and buy a diamond say that it was well worth it. After all a diamond is a true symbol of love and serves a great purpose on occasions like your engagement or marriage.
Sales Tax at JamesAllen.com
If you have been saving up the money to buy a diamond, you should know a couple of things before you buy the diamond. First off all diamonds come in different shape and sizes, so you need to pick a diamond that matches your budget and will look good on your partner. Once you have decided which exact diamond cut you are interested in purchasing, you’ll need to pick a ring or a band. Once these are picked, you need to find a good diamond retailer to buy the ring and diamond from. With so many options out there from retail, to e-tail, this can be a very confusing process that has many customers simply confused about where to spend their hard earned money.
One important factor that you may not have known about is that diamonds are subject to sales tax.
That’s right, if you are buying your diamond from a physical store, you will have to pay an extra expense in the form of sales tax. With the price tag of diamonds being so high, the sales tax naturally adds a chunk more to the total price sometimes making it even harder to buy a diamond.
But did you know that if you purchase a diamond from a retailer that sells on the internet, the sales tax situation works entirely differently?
Why not have a look at James Allen, which is the number one diamond retailer on the internet in the United Sates.
The best part about this company is that James Allen sales tax rules are very different from any other retailer you may have come across.
The taxation is explained in great depth on the link above, but in short, if you are looking to make a quick decision, you can see where tax is collected from online purchases:
- District of Columbia
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia
This list is subject to change, and you should always view the link above for the latest updates.
If you live outside the U.S, the laws differ so check with them first. The taxation, like I alluded to earlier, is subject to change with U.S. tax law.
I’ve also just published a full overview of this brand so you can understand why they are among the most heralded of all online jewelers. Especially if you can save on sales tax at James Allen, consider the savings you’ll encounter when you buy online, and coupling that with the lack of a pushy salesperson, you’ll find your experience is much more pleasant than going to your local jeweler to find one of the most important purchases you will ever make.