What's the difference between that and selling real estate.
None at all, for "selling" real estate is a activity of commerce the activity of exchange being taxable as an "indirect" tax against property involved in that taxable "exchange". Merely holding ones own property for ones own use is not involved in an event nor an exchange with another, thus is not subject to an indirect tax for lack of an "activity" against which a tax may be levied.
Therein lay the distinction between indirect and direct, commerce is taxable under an indirect tax as it invokes relationship between individuals engaged in a taxable "exchange" or "event". Ownership of property not engaged in an "exchange" or "event" between persons is a direct tax on ownership by one person alone.
Okay then I was wrong about an amendment being required for the NST. 'preciate the info.