Quoted from Whysnow:
An item bought for resale (i.e. A NIB pinball machine which was never opened) is subject to it to be legally correct from what i understand?
I know if I had gotten 20k on the resale of a pinball machine i would talk to my accountant and make sure I was on the straight and narrow. Maybe it is not required in WA, but when you resell in WI for brand new electronics then you are supposed to pay the dor.
So you think federal and state agencies can continue to collect sales tax on an item in a private individual to individual sale so long as it's never opened? I think you are confusing that technically, by law, the seller has to report the income from the proceeds. I'm not an accountant but I would think/hope that would be limited to only the amount gained above what the seller originally purchased it for. Again, this part I don't know for certain. Have you every bought a nos item from a private party? Were you charged sales tax? Doubtful.