I run a small online store and often buy products from wholesalers to resell on my website. I’ve heard that it might be possible to avoid paying sales tax on goods purchased for resale. Is that true, and if yes, how does it actually work?
I run a small online store and often buy products from wholesalers to resell on my website. I’ve heard that it might be possible to avoid paying sales tax on goods purchased for resale. Is that true, and if yes, how does it actually work?
Yes, by using a resale certificate when purchasing goods intended for resale. This certificate exempts you from sales tax at the point of purchase.
US Tax Filing For Non-resident
Yes, by using a resale certificate when purchasing goods intended for resale. This certificate exempts you from sales tax at the point of purchase.
US Tax Filing For Non-resident