How Do You Apply For A Resale License?
Before you apply for a resale license, you must have a seller’s permit in the state from which you are requesting the resale license. A resale license allows you to skip paying taxes on items that will be sold to customers. Once the item is sold, that is when the tax is applied and collected from the consumer, otherwise, you’d be paying taxes twice–when buying and selling. Because resale licenses deal with state sales taxes, a good place to start your search for a resale license is with the individual state Department of Revenue. Contact your state Department of Revenue and request information about a resale license. If a different organization deals with taxes in your state, you should contact that organization. Request an application for a resale license. Fill out the form and include your name, your business name, your address and social security number. Describe the property you plan on purchasing and reselling to your customers. Contact your local Chamber of Commerce and request
