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A "must have" for any
Seller |
eBay State Sales Tax
Resale Certificate Number
Purpose of a
State Sales Tax Resale Certificate Number: A resale certificate will
allow you to legally not pay sales tax on purchases for resale.
Virtually all states charge sales tax on goods
sold within their state. eBay and ecommerce web site sellers need a
sales tax number to legally sell goods both inside and outside their
home state.
Reasons for obtaining a state sales tax
certificate number are listed below.
- The law requires a State Sales Tax
Certificate Number. If you sell goods on eBay or the internet
and ship them to someone in the state you reside, then you must
collect sales tax from the buyer and pay the collected tax to
your state on a monthly or quarterly basis. If you sell less
than $4 million in annual sales, you do not have to collect or
pay sales tax on out-of-state sales.
- State Sales Tax Resale Certificate
Number Example: If you live in Virginia and you sell
something to someone else in Virginia or to someone
out-of-state that asks you to ship it to someone in
Virginia, then you need to collect and pay sales tax to the
State of VA. But, if you sell the same item to someone in
Florida, you need not charge sales tax.
- 2. You are able to purchase items without
paying sales tax. When you buy an item that you plan to resell,
you can purchase it without paying state sales tax. But it must
be for resale.
- State Sales Tax Resale Certificate
Number Example: If you go to a wholesaler and buy a
computer you plan to sell [like eBay], you purchase the item
without paying state sales tax.
- Wholesale companies require a sales tax
resale certificate. Virtually all legitimate wholesale companies
will ask for a copy of your resale certificate before they will
sell to you at wholesale prices. Also, wholesale companies, in
most states, require a state sales tax certificate number to
open a commercial account.
- State Sales Tax Resale Certificate
Number Example: Wholesale trade shows and
merchandise marts require a copy before letting you
participate.
You can obtain a state sales tax resale
certificate number, either online or by postal mail, for just $125.00.
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