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RE: Reproduction parts and limited runs?

To: <spitfires@autox.team.net>, <triumphs@autox.team.net>
Subject: RE: Reproduction parts and limited runs?
From: "Nolan Penney" <npenney@mde.state.md.us>
Date: Tue, 24 Jun 2003 12:57:07 -0400
You can write off or depreciate equipment, not inventory. 

>>> "Joe Curry" <spitlist@gte.net> 06/24/03 12:12PM >>>
What state charges "Inventory Tax"?  Inventory costs are part of the
cost of goods sold and are therefore a tax write-off not a tax burden.

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