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St 101 Idaho Form

St 101 Idaho Form

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Instructions and help about idaho sales tax exemption form st 101

[Music] [Music] Hi, this is Theresa with the Idaho State Tax Commission, here with Tuesday Tax FAQs. Our question this week is "How can retailers buy tax exempt for resale?" So, in Idaho the end consumer of a product pays 6% sales tax on the purchase price. If you're a retailer, you are not the end consumer, and so you don't have to pay the 6% on your inventory at your time of purchase. To buy that inventory tax exempt, we're going to use the ST-101 Sales Tax Exemption Certificate. This form can be found on our website tax.idaho.gov. On the front page you want to click the link FORMS. You can scroll down and search for the ST-101. This is a fillable PDF. You can type your responses right into the computer and then print off the form already filled out, or you can print the form off blank and fill it out by hand. The top section is going to be filled out with your business information as well as your vendor's. It might be a good idea to leave the vendor section blank and then when you

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