[TowerTalk] Does anybody even make the antennas they advertise?

[Jim Lux]

At 09:43 PM 7/3/2007, Dick Green wrote:
> > Sure they do. BUT... Finished antennas take  lot of space, cost money
> > to > produce, and if they are in stock at inventory time the manufacturer
> > has to pay tax on the finished product rather than the stock tubing.
>
>Tax on inventory? The Feds don't tax inventory, only net income. Neither
>does my state (NH). We tax real estate and business profits, but not
>inventory. Are there states that actually tax inventory?

Many states do.

It's a form of property tax.  You get taxed on both real and personal 
property. (personal, here, means things that are tangible, but not 
real property) The tax is assessed on the value the property 
possessed by the business on April first (in California, at 
least).  That means fixtures, desks, chairs, paper in the printers, etc.

Like all tax things, there are mindbendingly complex rules about 
what's exempt and what's not, and how to establish the valuation on 
that inventory.


>  That sounds like a
>great way to discourage manufacturing businesses from locating in your
>state. You sure about that, Roger?
>
>For many manufacturers, having finished inventory in stock is better than
>having raw material in stock. Banks credit lines are typically based on
>75%-80% of Accounts Receivable and 50% of *finished* inventory. They won't
>accept raw inventory as collateral.
>
>73, Dick WC1M
>
>
>
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