The following services were designed exclusively for Auto Alliance (AA) clients.
Opening : Mon-Fri 09:00 – 17:00 (GMT) | support@rjmtaxexemption.com
SALES TAX EXEMPTION
PROCESS SUMMARY
By obtaining sales tax exemption as an e-commerce seller, you can significantly increase your profit margins and stand out from your competitors with your pricing. If your business has sales tax exemption in the US, you are no longer required to pay sales tax on your purchases, making your business more profitable. It’s a legal way to claw back on outgoings as you no longer have to swallow or pass on the cost of sales tax to your customers.
Does my online resale business need sales tax exemption?
In short, yes. If you are an online reseller, mostly selling products to other businesses, rather than directly to consumers, your business will benefit from obtaining sales tax exemption. As you buy products for resale, you can cut expenses by not having to pay sales tax on your purchases. There are also other organisations that can be exempt like charities, religious groups, and government bodies.
WHICH ONLINE MARKETPLACE FACILITATORS & RETAILERS
SUPPORT SALES TAX EXEMPTION?
Who can get Exempt?
Information required to start
- | LLC/ Corp | Sole Prop (US) | Foreign Entity | Business Docs | EIN (not sole prop) | Business Info | Owner info and ID | Total seller permits required | Time Frame |
---|---|---|---|---|---|---|---|---|---|
Printify | √ | √ | √ | √ | √ | √ | 10 | 2-4 weeks | |
Lowe's | √ | √ | √ | √ | √ | √ | 10 + Business State | 2-4 weeks | |
Webstaurant Store | √ | √ | √ | √ | √ | √ | 6 | 2-4 weeks | |
Home Depot (HD) | √ | √ | √ | √ | √ | √ | 9 + Business State | 2-4 weeks | |
Alibaba | √ | √ | √ | √ | √ | √ | 8 | 2-4 weeks | |
Amazon | √ | √ | √ | √ | √ | √ | √ | 7 | 2-4 weeks |
Walmart | √ | √ | √ | √ | √ | √ | √ | 8 + Business State | 2-4 weeks |
HOW CAN I FIND OUT IF SALES TAX EXEMPTION IS
POSSIBLE FOR MY BUSINESS?
The best place to start is on the website of your marketplace facilitator. As applying for sales tax exemption is a complicated and involved process, you will need some clear guidelines to follow or an expert to handle it for you.
1. Go to the website of the online marketplace where you will sell your products. Look for information on sales tax exemption or related programs. Many marketplaces or retailers have sections or support pages that provide details about these types of details.
2. Check seller resources or FAQs to see if the marketplace provides guidance on sales tax exemption. Many of them outline the requirements or steps to qualify for sales tax exemption.
3. Contact the customer support team of your online marketplace. They will provide you with relevant information about sales tax exemption programs and application processes.