Anybody know about EIN # reqiured

I sold a Model A to a guy in Germany , I have been told by the shipper
I need an EIN # Federal ID # anybody know what this is about
will I get nailed on Sales Tax at a latter date
Thanks

 

Since when? I've sold several overseas and they only want to know where to come get it -

 

EIN # is Employer Identification Number............not sure what that has to do with shipping a car overseas............but it usually IS tax related......Do you have a tax man or CPA you are acquainted with who might understand the connection.

Ray

 

They want to know it so they can send you a claim form not sure on the # for claiming that you sold the car for your taxes. First I've heard of someone getting asked though. you are a private owner right?

 

Thanks guys
it just started in March this year ,they are asking for an EIN # I am thinking I will be hit up for sales tax at a latter date

 

I am a private owner

 

I would talk to a CPA I think they will be looking for capital gains tax more than sales. Its somewhere around 15% I think but I'm not an accountant.

 

Technically you FED# is your social # that you file your taxes every year under.

 

Not sure why they would need an EIN, but a TIN makes more sense. A TIN is a Taxpayer Identification Number. If you are a citizen by birth, or naturalization, then this would be your Social Security Number.

Unsure as to why the shipper would need it.

The state might want to charge sales tax, maybe they want you to collect it, and send it in. It is being sold in California, technically, and the sale is subject to sales tax, I believe. I am not a CPA, you should check with one, over taking my hair-brained advice.

Forewarned is forearmed.

 

As stated, EIN is an Employer ID Number, how the US gov chose it to use in this case is anyones guess, except they probably figured most people shipping cars and other items OS should be companies... Where you used to have to provide your SSN on the export declaration, you now have to provide an EIN instead, this is supposed to reduce the number of times you should have to give out your SSN and hence increase your security... The EIN requirement, from memory (we had this discussion not long ago on another site) has been in place for a year or so...

 

I asked my accountant and she did not know ,may be because it's new
I bet I will get a bill for sales tax

 

There may be some info on here that will help you out...
http://www.unigroupworldwide.com/worldwide/EINCustomsPOAforExportShipments.htm

make sure to read the linked documents as they go into more detail... It's targeted at one shippers customers, but contains relevant information for all shippers...

 

It has to do with Patriot Act requirements. Your SS # will do the trick. Nothing to worry about tax-wise, the goverment just wants to know who's shipping what.

 

Anybody shipped overseas in the last month