Do I need to pay sales tax?
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chrotoem Apprentice
Joined: 27 Mar 2006 Posts: 3
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Posted: 05/15/08 - 05:52 Post subject: |
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| I have started a business and I expect to get a pretty good profit from it. I will be mostly in internet business and I seek to first make some online purchases. I would like to know if I need to pay sales tax for what I buy online. If anyone could help me pr teach me regarding that matter, it would be great. |
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ulysses Apprentice
Joined: 08 Sep 2007 Posts: 2
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Posted: 06/14/08 - 01:24 Post subject: |
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Any kind of business is risky, and if you are selling internationally, you need to be careful. Many internet-sellers tell customers that their products are free of taxes. However, that is not always the case. Do what you can to make sure to know which particular things you buy are tax-free and which are not. This goes not only for what you buy, but also for the things you plan to sell. For some more info, go to http://www.nolo.com/article.cfm/objectId/
87F6DD43-E6F2-4DFE-BCDB8E2E85DFF80B/111/277/
167/ART/. Best of luck. |
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