Tuesday, November 25, 2014

Kansas Has to Auction Off Sex Toys To Pay Taxes

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Kansas state government is on the verge of a financial windfall with the auctioning of thousands of sex toys seized by the revenue department for nonpayment of income, withholding and sales taxes, an official said Wednesday.
Online shoppers for adult DVDs, novelty items, clothing and other products can participate in a bonanza shopping experience resulting from the four-county raid on a Kansas company known as United Outlets LLC.
Owner Larry Minkoff, who was doing business under the Bang label, apparently resisted requests from the Kansas Department of Revenue for payment of $163,986 in state taxes. It is unclear how much he still owes the state, because those precise records aren’t open to the public.
Agents took action in July to seize business inventory at outlets in Topeka, Wichita, Junction City and Kansas City, Kan., under Minkoff’s control. Two of the five business locations were in Topeka.
In a negotiated arrangement between the state and owner, the merchandise was released back to Minkoff.
He subsequently entered into a contract to sell the holdings at public auction and apply the money toward payment of taxes owed the state of Kansas.
The contract is with equip-bid.com auction company.
Consumers interested in the auction of “1000s of items” can examine the goods online or personally preview products Monday at a warehouse in Kansas City, Mo. The auction closes Tuesday.
The online site lists about 400 lots — individual lots can contain dozens of items — that include the Pipedream Fantasy Love Swing, books, hundreds of DVDs, sex and drinking games, a wide assortment of sexually oriented equipment, carrying cases for devices, the Glass Pleasure Wand, bundles of lingerie and the Cyberskin Foot 
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