a standard business form that is used by registered businesses making purchases of goods and certain services that they intend to resell in the normal course of business without intervening use
a statement you produce and give to your supplier, stating that the merchandise you are purchasing is going to be resold or will become a part of a product that will be resold
a written statement that you provide stating that the merchandise or taxable service you buy will be resold in a taxable sale or that it will be incorporated into tangible personal property or used in a service that will be taxed when it is sold
document used to verify tax-exemption status for businesses legally engaged in the wholesale or redistribution of surplus property. The state government assigns resale Certificates where the business is located. All businesses claiming this exemption need to supply GL with a copy of this certificate. Also see Resale Forms.
Every sale is taxable in a taxable jurisdiction. Irwin Business Finance purchase from a vendor is for resale. A resale certificate is used when a company purchases equipment for a subsequent resale or lease, without intervening use by the purchaser. This is not taxable. When purchases are made for resale, a resale certificate should be issued to the vendor. For audit purpose a vendor must obtain a valid resale certificate when sales tax is not collected at the time of sale.
A form signed by the purchaser of an item stating that the item purchased is to be resold, leased or rented in the normal course of business or is to be transferred as an integral part of a taxable service performed in the regular course of business.
a certificate that authorizes a merchant to collect sales tax. Retail - The sale of goods or commodities in small quantities directly to consumers.