What the fuck?
You gotta be kidding.
So the next time 5 of us here want the same album, all I need to do is buy it at wholesale price for us?
And here I was thinking that being a distributor = being an entrepeneur.
I guess small amounts is the way to go without having to disclose it as taxable income? I mean, if I bought (and sold!) 1000 copies of the new Drudkh, surely I would have to disclose that in my tax returns? If not, what the fuck happens if I get selected for an audit?
And I suppose the eBay route can bypass this because auction houses have a different ruling. Plus, you have to pay eBay a commission anyway.
And if you're only doing a few "buy it nows" on eBay, I guess that small amount won't show up. There are a few companies using eBay to sell, right? Are they set up as legal trading entities?
My mind is boggling right now.
What else do I need to know?
Labels, distributions as well as just individuals can buy for wholesale prices. You don't have to be official company or even have name for distribution. If you are willing to take 5 or more copies per title, you can obtain wholesale price. NH prefers to use underground network than large (/mainstream) distribution companies.
You gotta be kidding.
So the next time 5 of us here want the same album, all I need to do is buy it at wholesale price for us?
And here I was thinking that being a distributor = being an entrepeneur.
I guess small amounts is the way to go without having to disclose it as taxable income? I mean, if I bought (and sold!) 1000 copies of the new Drudkh, surely I would have to disclose that in my tax returns? If not, what the fuck happens if I get selected for an audit?
And I suppose the eBay route can bypass this because auction houses have a different ruling. Plus, you have to pay eBay a commission anyway.
And if you're only doing a few "buy it nows" on eBay, I guess that small amount won't show up. There are a few companies using eBay to sell, right? Are they set up as legal trading entities?
My mind is boggling right now.
What else do I need to know?