Subj : Re: deaf and dumb
To   : August Abolins
From : Charles Pierson
Date : Wed Jan 27 2021 08:45:25

On 26 Jan 2021, August Abolins said the following...
 AA> What I find disconcerting is that the gov't taxes me on stock as  
 AA> if it has value, yet I can't use that stock and buy anything  
 AA> with it.  :/

I'm well aware of the fun with inventory taxes. I worked in a large
international company at one of the manufacturing facilities. At one point,
my job was basically a data analyst taked with analyzing inventory to improve
delivery times for customer orders.  We opened a new facility on Singapore to
manifacture the same items we did to improve support Asia and Australia.

For about 2 years, we had to order material for both locations while yhe
located and qualified local suppliers to meet our specifications for things.

This resultedd in our loccation holding huge amounts of inventory, and me, a
non manager arguing with managers of several departments on 2 continents
about which location wound up with what material come inventory tax time. 
Considering the 13 hour time difference betwern Singapore and Houston, I
didn't sleep much.

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