Sovereign of the Seas by Mantua On Sale @ Model Expo $650.00 of sticker price

[mtdoramike]

The SOS is on sale until 12/31 regular price $1499.00 sale price if $849.00 a savings of $650.00 plus free shipping. I am soooo tempted. But I got way to many projects. 

[Snug Harbor Johnny]

   'Sounds like they have some slow-moving inventory of a kit that they want to sell at cost BEFORE the end of the year for tax purposes.  If they made a buy of new stock (from, um, 'various' sources as mentioned elsewhere on the Forum) - or if sales are less than anticipated recently - their inventory value may have increased.  An increase in the value of year-end inventory when compared to the previous year will have a negative effect tax-wise.  The increase in inventory value will have to be subtracted from business expenses - ergo subject to taxation - per IRS and State regulations, since those finished goods have not yet been sold.  That is to prevent a business from piling-up a bunch of inventory so they can deduct the cost of it from taxable sales (to artificially lower the tax bill).

[mtdoramike]

Say WHAT? I was just informing the group of an outstanding deal if there were someone dreaming of building a magnificent model in the near future. But a schooling in business practices and how to screw over the IRS is always appreciated.

 

Model Expo also has the Wappen Von Hamburg regular $1500.99 sale $999.00

Amerigo Vespucci regular $1499.99 sale $949.00

Edited December 29, 2022 by mtdoramike