Download Ri Resale Certificate Background. Let's learn a bit more about the particulars of resale. A resale certificate provides a sales tax exemption to merchants who purchase products or components of products they plan to resell.
A resale certificate lets retailers buy products without paying sales tax if they plan to resell them. A resale certificate is an official document that easily instills confusion in many online resellers. Purchasers who are engaged in the business of selling tangible personal property may issue resale certificates when purchasing items they will sell in the regular course of their business.
Sales tax is then collected and paid when the items are sold at retail.
What is a resale certificate. If a rhode island certificate is used: You may use a resale certificate in new york to purchase items intended for resale without paying sales tax, but you may also need a certificate of authority to do so. A resale certificate and copy of a community's governing documents are part of the package of the resale certificate provides transparency about the community and the seller's financial obligations to.