******All sales in U.S. dollars only!!******
*All descriptions are believed to be correct, but no guarantees or warranties are made by auctioneer as to nomenclature or age. Everything sold on an "as is" basis.
*Please remember that a bid is a verbal contract; once you become the successful bidder, you must pay for your items. If you find that the riggers you contact are charging you high fees, that doesn’t mean that you can abandon your items. Once you win, you are responsible for paying.
*Bidding online will take place through www.bidspotter.com or www.industrialbid.com. Please only register online if you plan on bidding online. If you are coming to the sale, you must register at the sale site. Also, please only choose one platform to bid on, not both.
***FULL AND FINAL PAYMENT MUST BE MADE IN CASH, CASHIER’S CHECK, WIRE TRANSFER ONLY. *** PAYMENT MUST BE MADE, OR WIRE INITIATED, BY CLOSE OF BUSINESS THE DAY AFTER THE SALE.
*ON THE FLOOR BUYERS PREMIUM IS 15% OF HAMMER PRICE.
*ONLINE BUYERS PREMIUM IS 18% OF HAMMER PRICE.
SALES TAX
ALL SALES WILL BE SUBJECT TO LOCAL SALES TAX
, CA Sales Tax: %
*For those doing business in California: The only way to be exempt from sales tax is to furnish us with a copy of your resale license. Simply telling us your resale number is not sufficient; you must provide an actual copy for our records. We do not keep resale licenses on file at the office. In addition, your resale license must have current information, including the name of your company and address. If the name and address on your resale license don’t match the name and address you register with, that license is unacceptable.
If your business card and/or business name don’t explicitly state that you are in the business of buying and selling the type of machinery you are buying from us, we may choose to refuse your resale license. In other words, if you are in the business of wood working and you buy office furniture at our auction, do not expect to have your resale license accepted. You may want to provide us with a copy of an ad for your company, demonstrating that you are in the business of buying and selling the type of equipment you are purchasing from us, as proof. We reserve the right to deny any resale license that appears questionable.
*For those doing business outside of California: The only way to be exempt from sales tax is to furnish us with a copy of your Bill of Lading, demonstrating that the items purchased at auction have crossed state lines. Do not fax us a copy of your state resale license; California doesn't accept resale licenses from other states. Also, moving the items across a state border yourself doesn’t count. You must have a common carrier move the items, and then give you a Bill of Lading which you then send us a copy of.
***IMPORTANT***In ALL cases, without exception, if you cannot furnish us with the required tax exemption proof BEFORE payment is made, then you MUST pay the tax. If you can furnish us with the required documentation after payment is made, but within 21 days of the sale, a refund will be promptly issued. There are NO exceptions to this. If you make a wire transfer to us, or obtain a cashiers’ check, without including the tax and before giving us the required documents, you will not be allowed to remove any equipment until the situation is corrected. Obviously, if you are relying on a Bill of Lading for tax exemption, you will not be able to provide copies of documents until after the items are moved, and so please be aware of this rule when making payment. Also, we remit the sales tax we collect to the Board of Equalization on a monthly basis, so if you take longer than 21 days to get tax exemption proof to us, it will be too late: we will not take steps to try and retrieve your sales tax from the Board of Equalization once the taxes are turned in.
***If we have any doubts as to the veracity of tax exemption claims, we reserve the right to refuse tax exemption status.***
ADDITIONAL INFO FOR THOSE BUYING VEHICLES: as of 10/2012, we are required to collect sales tax on vehicles except when a buyer has a DMV-issued vehicle dealers’ license. A regular CA SBOE issued resale permit will not remove the sales tax from vehicle purchases.
LOT REMOVAL
Thru July 10, 7am-3pm, M-F only, Onsite Contact: Rudy Vera, 323-314-2315
Per the owners of the site at Dominion:
*All equipment sold at auction will abide by the following rules:
*All equipment to be removed from June 27, 2019 to July 10, 2019, Excluding weekends.
*Removal will be Monday Thru Friday between the hours of 7am and 3pm only.
*People picking up equipment must be MSHA certified approved.
*People picking up equipment must sign in at the office and do an onsite hazardous training checklist.
*Everyone picking up equipment must have a $2 million liability insurance certificate listing Dominion and Tauber-Arons, Inc as additional insured.
