Adam Churvis wrote: > I don't remember if they cover this in the book; I'm just going from the > current definitions of things as they stand now. > > The reason why I applied it to a Fair Tax scenario is because the need for > such classification and corresponding collection of that class of taxes > would obviously still exist.
I've never run a retail business so I really have no idea how taxable retail goods are tracked. Is it based on the COGS on your books or do you have to give your fed tax id when you buy from a wholesaler? Some other way? -Cameron ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;160198600;22374440;w Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:252167 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
