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Old 12-16-2009, 09:53 AM
Kathy63 Kathy63 is offline
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Join Date: Oct 2009
Posts: 380
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Now that I think of it. Sales tax has to be paid on items you remove from inventory and use yourself, or even if given away. Naturally it would be on the total of what is considered retail sales rather than just what was sold.

If sales tax was to be held separately, you know that retailers would also be required to turn over any interest such sequestered funds generate. Be glad it's not required. I am.
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