Delaware Resale Certificate

Delaware tax exemption delaware resale certificate delaware sale and use tax delaware wholesale certificate etc.
Delaware resale certificate. Since the ins and outs of resale certificates differ in different states weve put together a state by state guide on how to use and accept resale certificates. Accessible to delaware division of revenue personnel to enable efficient matching to a true correct and complete wholesaler exemption certificates of all sales to which the seller takes an exemption from tax. This chapter shall be known and may be cited as the delaware uniform common interest ownership act or ducioa. Also known as.
If you go to a wholesaler and buy a computer you plan to sell like ebay you may purchase the item without paying state sales tax. Comply with the provisions of subchapter iv of this chapter regarding public offering statements and resale certificates with respect to any contract of. Delaware imposes license and gross receipt taxes on the sale of most goods and services. Wholesale companies in delaware require a sales tax resale certificate.
Items must be for resale or qualified business use. Delaware sales tax resale certificate number. I hope these short posts help you run your online business more efficiently. Need more info about resale certificates.
What is a resale certificate. Delaware sales tax resale certificate example. Even online based businesses shipping products to delaware residents must collect sales tax. Sales for resale are not exempt.
This certificate is used to collect sales tax from your clients and to avoid paying sales tax to your supplier. There are a limited number of exemptions from these fees and taxes. If you are a retailer making purchases for resale or need to make a purchase that is exempt from the delaware sales tax you need the appropriate delaware sales tax exemption certificate before you can begin making tax free purchases. These fees are imposed on the seller or service provider and may not be passed on to the consumer.
There are no state or local sales taxes in delaware and as such sales tax exemption certificates are not applicable to delaware. Sales for resale are not exempt. Delaware uniform common interest ownership act. A delaware state resale certificate can be used to purchase items at wholesale costs and will allow you to resell those items.
Delaware imposes license and gross receipt taxes on the sale of most goods and services. These fees are imposed on the seller or service provider and may not be passed on to the consumer. Most businesses operating in or selling in the state of delaware are required to purchase a resale certificate annually. Please view tax tips to find out if your business is exempt.
By devin scott monday june 4 2018. How to accept a resale certificate properly also varies by state.