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From: Don Y <blockedofcourse@foo.invalid>
Newsgroups: sci.electronics.design
Subject: Re: Are you guys aware of this ticking time bomb?
Date: Sun, 20 Oct 2024 04:43:06 -0700
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On 10/19/2024 3:54 PM, Sergey Kubushyn wrote:
> The cherry on the cake is that most people are not even aware they have to
> submit such reports...

Of course, you are aware that you have to report and pay "Use Tax/Transaction
Privilege Tax/Sales Tax" on any items for which you did not have said taxes
taken out at time of purchase.  Regardless as to whether you are a business
or a private individual...

I.e., there are likely many requirements that you are unaware of.
You *do* have a lawyer and accountant, right?