Getting Licenses and Permits: “Getting Licenses and Permits”
“Governments require licenses and permits for two basic reasons. One is to raise money; the whole point behind some licenses or permits is to levy a tax on doing business. In a way, these are the easiest to comply with – you pay your money and get your license. ”
– Licenses are relatively easy to get so why not do it? There are a lot of tax advantages to running a business legally. There are business advantages to, like being able to pick up product at wholesale prices and deferring the sales tax on the items to your customer. -ed.