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Auditing Bmv Sales Tax Ohio Form

Auditing Bmv Sales Tax Ohio Form

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explain them how use tax and its effect on businesses how use tax is um well to use the term sales tax most people are familiar with the term sales tax most people understand when they purchase things most things are subject to sales tax so when you go to the store you buy a product you pay sales tax at the register the use tax is no different it's the exact same thing except the burden rest with the taxpayer to pay the use tax so let me give you an example an example is in my business if I were to purchase a computer over the internet and the vendor that I purchased the computer from did not charge me sales tax well that does not mean that tax is not due on that transaction I as a business owner am then required to pay the use tax to the state of Ohio so it's a transactional tax and it really depends on if you are charged sales tax and if you're not charged sales tax and it's a taxable transaction well the use taxes du okay that affects every single bus

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