What states require a resale certificate?
If you want to make a purchase for resale in one of these states, you’ll be required to register for a state sales tax permit and collect sales tax from all buyers in that state as well.
Using a Resale Certificate
Is Alaska exempt from sales tax?
Alaska does not impose a statewide sales tax and therefore does not have any statewide sales tax exemptions. Cities and boroughs are authorized to levy a sales and use tax on sales, rents, or services made within the boroughs or city.
What is subject to sales tax in Alaska?
While Alaska does not collect a sales tax, excise taxes are levied on the sale of certain products, including alcohol, cigarettes & tobacco, and gasoline. These excise taxes are passed on to the consumer in the goods’ price. Click here for a list of other states with no sales tax.
Is a resale certificate the same as a tax ID?
Resale Certificate. Even though it’s important for your taxes, your resale number isn’t the same as a tax ID number. Your business’s TIN goes on federal tax returns, and if you need to pay state taxes on your business income, you can apply for a state TIN. The resale number involves state sales tax.
How do I get a reseller certificate?
How to Apply for a Reseller License
- Obtain the application from the appropriate state department. …
- Organize the information and documents you need to complete the application. …
- Submit the fee for obtaining your reseller certificate. …
- Find out if and when you need to renew your reseller permit.
What is a single use certificate?
Create a Single Use exemption certificate when a customer provides you with a certificate that applies only to a specific transaction, job, or contract.
Does Alaska pay you to live there?
Look no further than the state of Alaska, which pays its residents over $1,000 every year just for living there. Permanent residents who opt into the state’s Permanent Fund Dividend Division can receive yearly checks of up to $1,100 a year, according to its website.
Do Alaskans pay taxes?
Alaska has no state income or sales tax. The total state and local tax burden on Alaskans, including income, property, sales, and excise taxes, is just 5.16% of personal income, the lowest of all 50 states.
Is it expensive to live in Alaska?
Alaska is one of the most expensive states to live in. Most of its cities and towns consistently have a cost of living that is more expensive than the national average. … There are cities in Alaska that are affordable and still provide the lifestyle you crave.