Quote:
Originally Posted by Snowman
No, it's not a taxable event unless you sell it. At least not with respect to income tax. However, if you purchased items on ebay and had them shipped directly to your PWCC vault, which allowed you to avoid paying sales tax on those transactions since they are located in Oregon, then you will have to pay any applicable sales taxes that you previously avoided when they ship those cards back to you unless you have a resale certificate on file with PWCC.
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Correct. I have been told that you may not owe sales/use tax in some jurisdictions if you wait long enough, but not sure of that. General concept is right. Of course how many are going to pay it.