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Re: Reproduction parts and limited runs?

To: "Nolan Penney" <npenney@mde.state.md.us>, <spitfires@autox.team.net>, <triumphs@autox.team.net>
Subject: Re: Reproduction parts and limited runs?
From: "Fred Thomas" <vafred@erols.com>
Date: Tue, 24 Jun 2003 13:43:45 -0400
References: <sef84aa7.058@mde.state.md.us>
----- Original Message -----
From: "Nolan Penney" <npenney@mde.state.md.us>
Subject: RE: Reproduction parts and limited runs?


> You can write off or depreciate equipment, not inventory.
=======================================================================
Nolan you are misinformed quite a bit on this subject, do you think a new
car dealer pays a "inventory tax" each year/month on the new cars on hand,
no he pays a tax on his profit after sales, he also "depreciates his
inventory each and every month, yes you can deprecite inventory, a
manufacturing facility pays a inventory tax on each unit made and then sold,
not whats on his shelfs for sale, lets not even think of places like Sears,
or Wal+mart, inventory tax, NO WAY  "FT"

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