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<p>[QUOTE=&quot;Kevinfred, post: 1378903, member: 26201&quot;]<p style="text-align: left"><span style="color: #000000"></span></p> <p style="text-align: left"><span style="color: #000000">Yea you&#039;re right 30% is probably high for a brick and mortor... but Joe Average selling coins wouldn&#039;t have too many LEGIT expenses I wouldn&#039;t think...</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">Well 30% isn&#039;t going right out the gate for taxes. Depending on location and whether or not they were able to collect it for 5 to 8% might be immediately going out as sales taxes, but taxes on the rest can be minimized if the money is rolled back over into inventory or expenses. Taxes will only be due on retained earnings. Of course in some areas there will also be property taxes due on the inventory at the end of the year.</span><span style="color: #000000"></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">Read more: <a href="http://www.cointalk.com/t201109-4/#ixzz1n3faaGrJ" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t201109-4/#ixzz1n3faaGrJ">http://www.cointalk.com/t201109-4/#ixzz1n3faaGrJ</a></span></p><p>[/QUOTE]</p><p><br /></p>

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