Jump to content
RemedySpot.com

tax question

Rate this topic


Guest guest

Recommended Posts

At 10:14 AM 1/2/01 +0000, you wrote:

>I've been wondering the same thing myself. But I'd like to insert another

>question. If I am able to buy a product wholesale, but choose to use it for

>my family - is there any tax problem?

When we fill out our sales tax reports, we are required to list anything

bought with our taxfree number that is used for personal use, rather than

for resale.

so, yes, there are tax implications if you are buying salestax free for

resale, but not reselling.

Now, the laws vary from state to state...this is how it is in TN...

The basic bottom line is that somewhere along the line someone is supposed

to pay sales tax...if you don't pay it, you are supposed to collect it from

a customer...if there is no customer, you were supposed to pay it.

See our 12 Days of Christmas Gifts

Free thank you presents to our customers

<http://www.naturesgift.com/special.htm>

Link to comment
Share on other sites

  • 8 years later...

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
×
  • Create New...