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Please Complete Fully and Sign the Credit Application, the Resale Certificate and Also Your Shipping Specifications  Form

Please Complete Fully and Sign the Credit Application, the Resale Certificate and Also Your Shipping Specifications Form

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Hi there, it's Greg with StartingYourBusiness.com And today I want to talk about the differences between a seller's permit and a resale certificate. So while these terms are related, it's easy to confuse the two. And I'd like to take a couple of minutes to clarify the differences. First off, a seller's permit, which depending on the state may be referred to as a sales tax permit, sales tax license, or even a business tax number, is a state requirement for a business that is physically operating in a state that collects sales taxes, or if that business is selling a certain amount of merchandise to the residents of another state. It's important to note that some states also require a business to obtain a sales tax permit, even if they are physically operating there and not selling a taxable product or service. This is referred to as nexus and includes not only the primary state where the business operates, but when a business physically ope

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