On 1/14/2017 10:29 PM, -MIKE- wrote:
On 1/14/17 8:26 PM, Puckdropper wrote:
(It also lets you avoid being charged for sales tax automatically
in some states. You're still supposed to submit it anyway, but who
does?)

Puckdropper


We can't avoid it anymore, since there's an Amazon warehouse in TN, so
we get charged sales tax, anyway.

BTW, TN calls it a sales and use tax.
WTF is that!? I'm getting charged to use something!?




In Texas the sales and or use tax goes like this.

Sales tax, easy to understand, when you buy something you pay a sales tax.
It is considered use tax if you are a tax exempt business and purchase
products for resale but do not actually resale the item. Say you buy 50
screws and do not pay sales tax. You sell 45 screws, collect sales tax
on the 45 screws and forward that money/tax collected to the state.

You keep the remaining 5 screws for personal USE. The business/you pay
the USE tax on the price you paid for the 5 screws that you did not sell
and collect sales tax on.