Msg#: 3667690 posted 4:27 pm on Jun 5, 2008 (gmt 0)
Where are you located? In the US if you are purchasing something for resale, then there is no sales tax on the transaction. The one who sells it to the end user is responsible for the collection of the tax.
Msg#: 3667690 posted 6:05 pm on Jun 5, 2008 (gmt 0)
It's more complicated than just that.
Most (all?) states have a website designed to help new businesses get started in their state. A topic on all of them will be sales taxes, when they must be collected, and the procedures to follow for items exempt from taxes.
You need to read up on that and perhaps call the local taxing authority.
For example, in my state, I'm required to keep records on all sales that I make, including those for which I am not required to collect sales taxes. For business to business sales that are exempt, I'm required to get specific paperwork from the buyer indicating that they are exempt and to keep that on file.
Periodically, I must submit a sales tax return with the state - even if I owe nothing.
Msg#: 3667690 posted 12:27 am on Jun 9, 2008 (gmt 0)
You will need to contact your department of revenue in your state capital - you need to get a resale number and in fact, it's illegal to sell without one. In fact in New Jersey, you cannot collect sales tax without it.