Yahoo Web Search

Search results

  1. A taxable item that is purchased for resale is exempt from sales or use tax if the seller accepts a properly completed Form 01-339, Texas Sales and Use Tax Resale Certificate (PDF), instead of collecting the sales tax due. The resale certificate is the seller’s evidence as to why sales tax was not collected on that transaction and should be ...

    • What Is A Resale Certificate in Texas?
    • Why Do I Need A Texas Resale Certificate?
    • How Do I Get A Texas Resale Certificate?
    • How Do I Use A Texas Resale Certificate?
    • Do Texas Resale Certificates expire?

    A resale certificate (known in some states as a reseller permit) is a document that allows businesses to avoid paying sales tax on goods purchased from a distributor or wholesaler—so long as the business intends to re-sell those items. For example, items that can be purchased from a supplier then re-sold to a customer include: fabric to make clothi...

    Technically, you don’t need a resale certificate in Texas—you could buy items for resale and choose to pay sales tax. However, if you’re purchasing items from a distributor and intend to re-sell them, you can choose to present a resale certificate instead of paying sales tax. This avoids double taxation. In other words, without a resale certificate...

    You can download Texas’s Resale Certificate form right from the Texas Comptroller’s website. (Select the fifth option down—“Resale and Exemption Certificates”—then make sure to download Form 01-339: “Texas Sales and Use Tax Resale Certificate / Exemption Certification.”) You can print this form and fill it out yourself.

    When making a purchase for resale, you’ll need to present your Texas resale certificate to the distributor or wholesaler from whom you’re purchasing items for resale. If your supplier accepts your resale certificate, you won’t have to pay sales tax on that purchase. In this sense, your resale certificate is documented evidence for why sales tax was...

    No. The only reason why a Texas Resale Certificate would be invalid is if the information you provided is inaccurate in any way. (For example, if your business address has changed, or if you filled out the form incorrectly.)

  2. People also ask

  3. The first step you need to take in order to get a resale certificate, is to apply for a Sales Tax Permit. This permit will furnish a business with a unique Sales Tax Number, otherwise referred to as a Sales Tax ID number. Once you have that you are eligible to issue resale certificates. Some states will issue you a completed resale certificate ...

  4. Jul 7, 2022 · In Texas, the Comptroller handles the issuance of resale certificates. Start by visiting the website, then follow these simple steps: On the Sales and Use Tax Forms page, scroll down to Resale and Exemption Certificates and click the 01-339 link to download the form. First, enter your business contact information, including your Texas Sales and ...

    • Do I need a resale certificate in Texas?1
    • Do I need a resale certificate in Texas?2
    • Do I need a resale certificate in Texas?3
    • Do I need a resale certificate in Texas?4
    • Do I need a resale certificate in Texas?5
  5. Texas Sales and Use Tax Exemption Certification. This certificate does not require a number to be valid. Name of purchaser, firm or agency. Address (Street & number, P.O. Box or Route number) Phone (Area code and number) City, State, ZIP code. I, the purchaser named above, claim an exemption from payment of sales and use taxes (for the purchase ...

    • 136KB
    • 2
  6. Feb 12, 2023 · A resale certificate is a document that allows a business to make exempt purchases based on the assumption the goods will be resold and the sales tax will be paid by the end consumer. Purchasers apply for resale certificates and provide them to sellers at checkout. Sellers collect and validate certificates prior to exempting tax.

  7. Sep 11, 2019 · After registering, an 11-digit Texas Sales and Use Tax Permit Number will be provided by the Comptroller’s office and will be used on the Resale Certificate. Step 1: Begin by downloading the Texas Sales and Use Tax Resale Certificate Form 01-339 Step 2: Identify the name, address, and phone number of the purchaser Step 3: Enter the Texas ...

  1. People also search for