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Wanav1aTW
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Sales and Use Tax Exemption - Michigan

If I am an online reseller and I bought a bunch of inventory using sales tax exemption because I plan to resell the items. What happens to my liability if the items don’t sell by the end of the year? Do I have now have to pay the sales tax on all the items I purchased with the exemption because they haven’t sold, or does the unsold inventory rollover into the next year?

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Sales and Use Tax Exemption - Michigan

 
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