LoneLaugher
Diamond Member
- Thread starter
- #41
Inventory Manufacturing Tax Tips | Internal Revenue Service
Does Your State Tax Business Inventory? - Tax Foundation
Pay taxes on it when you buy it.
Pay taxes on it again if it's stored and a shelf item.
Pay Federal and State to store parts...........
So...........we don't store jack squat anymore...............scrapped it................millions........
You oversimplified that to suit your agenda. You generally don't pay sales taxes on shit you inventory.