If you live in a state that collects sales tax on online purchases, and you are shopping or plan to shop at B&H Photo, their PayBoo payment card can save you the sales tax. Legally of course because B&H pays it on your behalf. The process is like this:
- pay for the B&H purchase with the PayBoo card, eg $1000 lens
- your Payboo card is charged $1000 for the lens and $80 for the sales tax (assuming your state has an 8% sales tax)
- so you paid the sales tax
- then the PayBoo card automatically deducts $80 from your amount due, making it be $1000, the price of the lens
- you can use the PayBoo card like a payment card (eg classic AMEX) or like a credit card with a revolving credit
- if you use it like a revolving credit card, check the interest rates first
- PayBoo can only be used at B&H, it is not a Visa/Mastercard/etc
- all the details at the PayBoo website
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