The Major retailers are required to pay usage taxes on items they buy but don't intend to sell. Large retailers frequently have trouble effectively matching their financial transactions to specific line items in an ERP-type system.
If a store is unable to demonstrate to the State, County, and local taxing authorities that taxes were legally accrued and paid then usage-tax penalties will apply.
Ryan Botwinick
Fyxt CEO
SAP HR Implementation/ Interface development and Support for a leading distributor of home- and office-delivered newspapers in the U.S
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