States have different names for the same permits or licenses: Resale Permit/License, Sellers Permit, Certificate of Authority, Use and Sales Tax License/Permit Sales and Use Tax, Application to Collect/Report Tax, Transaction Privilege (Sales) Tax, Resale Certificate—all adding up to much the same thing.
Beyond the wholesale vs. retail concerns, the other aspect of these names is focused on the sales tax angle. The states, counties or other governing bodies want to be sure that anyone selling anything taxable is first licensed to collect the tax and then renders the tax afterward.
Generally, manufacturers who sell wholesale want to be sure their customers are not buying for their own consumption, thus cutting out the wholesaler’s true customers. So when they ask for a wholesale or resale license, it allows them to be sure they are dealing with a business that will truly resell their goods, either “as is” or as part of a product they’re making. Often when I visit a trade show, similar rules apply—they want to be sure the general public isn’t allowed in so the vendors can focus on the needs of the businesses that visit.
Benefits of a Resale License
Featured Opportunities
Dream Vacations
The time is NOW to join the ONLY all-encompassing Vacation Franchise We don’t just PLAN CRUISES… We Plan DREAM VACATIONS A Powerhouse in the Travel Industry – As part of World Travel Holdings, we’re the world’s largest cruise agency. Gain unrivaled buying power helping you stand out from the competition. We’re in the TOP […]
e² Young Engineers
Build Your Tomorrow. Today! CLICK HERE TO VISIT OUR WEBSITE Background: We are e² Young Engineers Young Engineers enrichment programs combine education + entertainment = edutainment. We created a variety of different programs that can be used to teach science, technology, engineering, math (STEM). Children joining our educational community can learn and enjoy arithmetic, physics, […]
Motiply
Make Money – Start a MOBILE APP Business Mobile websites are hot and in demand like never before thanks to the explosion of mobile devices such as smartphones and tablets. Businesses are paying BIG money for mobile website and app design and now YOU can get a piece of the action! The With our training […]
Personal Touch Products
Create Amazing Gifts Your Customers Will Love! Easy • Fast • Enormous Profits We have been around 28+ years for one reason; our concept is fast, simple and offers our clients a great way to make money. The reality is, everyone loves personalized products. But we keep our concept so easy its crazy. All you […]
SocialXpand
Business owners don’t have the time or know-how to manage their own social media campaigns, yet they know they need to. Start your own business managing social media for local businesses – we provide the website & all the training you will need. Do you enjoy Facebook & Twitter? Why not make a hefty residual […]
Leave a Reply