View Single Post
  #47  
Old 01-02-2012, 10:43 PM
ValKehl's Avatar
ValKehl ValKehl is online now
Val Kehl
Member
 
Join Date: May 2009
Location: Manassas, VA (DC suburb)
Posts: 3,553
Default

Dan - Please correct me if I am wrong, but I assume that the Texas tax on business inventory is based on the COST of the inventory, which normally would be much less than the selling price of the inventory.
Val
Reply With Quote