Today TaxMama® hears from Mike in the TaxQuips Forum, who asks a logical question. “I sell collectible cards in NC. I collect sales tax on new product (such as a new pack of 15 cards). The question is, if I buy a single card from someone who just bought that pack of 15 new cards from me; and I collected sales tax from the customer on the purchase of the 15 cards, do I have to collect sales tax again when I sell that single card to another customer?”
Every time you make a sale, you collect sales tax.
In your mind, treat it as buying new merchandise.
OR – don’t sell him that particular card in the first place?
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