In order to do business with a REAL Wholesale Suppler, you will need to supply a "Sales Tax ID number".
This is called different things in different states in the US, but the reason you need it is simple. REAL Wholesaler Suppliers are not going to charge you any tax on the products they ship to your customer. At the end of the year, they have to show the IRS why they did NOT charge you that tax.
Your "Sales Tax ID number" proves that YOU are collecting sales tax on your customers' purchases. The general rule is that you only collect sales tax on the products shipped to addresses in the state where your business resides, but you should check to be sure how this is done in your own state.
The Wholesale Supplier keeps a copy of your "Sales Tax ID number" on file, so that they are not liable for the tax on the products shipped to your customers.
Every state has a web site listing information about the tax rules in that state, and where you can obtain your "Sales Tax ID number". You can click on your home state below to go to that site, and get the information you need.



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Posted by: Malkmus | September 11, 2008 at 01:46 PM
Wholesale sellers can have the most exciting wholesale products, but unless customers know that, the wholesale products will simply sit in the warehouse.
The same also applies to wholesale sellers who are drop shippers, brokers, and closeout dealers. Unless they find an effective method for advertising their wholesale deals, they will not be able to sell their wholesale merchandise.
Posted by: wholesale | June 04, 2008 at 04:40 PM
Finding the right wholesale source can be a daunting challenge, especially if you have no previous experience in the retail or wholesale business.
Posted by: Rosejack | June 02, 2008 at 12:03 PM