Resale Certificate Md
In order to do so the retailer will need to provide a maryland resale certificate to their vendor.
Resale certificate md. Uniform sales use tax exemptionresale certificate. A note on purchases under 200. Online verification of maryland tax account numbers. When a business purchases inventory to resell they can do so without paying sales tax.
This ia a resale certificate which is a special type of sales tax exemption certificate intended for use by businesses or individuals who are purchasing goods which will be resoldsince sales taxes are meant to be paid by the end consumer of the goods resellers and dealers are allowed to purchase their inventory of goods for resale tax free. This is a reminder that state offices are closed monday january 20 2020 in observance of martin luther king jr. Individual tax filing season officially kicks off january 27 2020. A maryland state resale certificate can be used to purchase items at wholesale costs and will allow you to resell those items.
This certificate is not valid as an exemption certificate. Maryland sales tax resale certificate number. Use the form below to verify that the customer possesses a valid tax exempt number or a valid maryland combined registration number and to print out a prepared resale certificate for your records if the purchase is being made for resale. However vendors may accept resale certificates that bear the exemption number issued to a religious organization.
This certificate is used to collect sales tax from your clients and to avoid paying sales tax to your supplier.