Quote:
Originally Posted by Lorewalker
Resale Licenses only permit avoidance of paying state sales tax which is different than state tax.
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Yes, and the basis for avoiding state tax is because you are buying to resell and thus are in a trade or business.
In other words, only people in the business of buying cards for resale should get the license. Thus, by getting the license you are providing proof that you are in business not a mere collector, should the IRS audit you