What are the special rules regarding payment if the person is offering for sale scrap metal that in whole or in part consists of copper or an unattached catalytic converter?
First, if the person is selling as an agent or employee of a business, payment for such metal must be made only by check or money order mailed to the business address of the business, AND the payee on the check must be the name of the business. There is an exception: A business that sells on a regular or frequent basis may annually pre-register with a scrap metal dealer and may pay an authorized, pre-registered employee by any method, on site, and at the time of the transaction.
Related Questions
- What are the special rules regarding payment if the person is offering for sale scrap metal that in whole or in part consists of copper or an unattached catalytic converter?
- Does a single special (occupational) tax payment entitle a person or firm to import and manufacture firearms?
- Are there special rules for metal beer kegs?
