Re: Never pay retail? - Saab General Bulletin Board - Saabnet.com
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Re: Never pay retail?
Posted by jp (more from jp) on Thu, 23 Feb 2006 08:09:46
In Reply to: Never pay retail?, Arabiflora [Profile/Gallery]
, Wed, 22 Feb 2006 20:19:50
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The Tax ID holder will be responsible for paying sales tax on your purchase. They have to pay it at certain intervals during the year, depending on the state and size of the business. You should probably pay this to your friend.
If everyone had tax ID numbers for obtaining wholesale rates, the sellers would change their policies for handling wholesale accounts, and lock the regularly less ethical out, and make it harder for regular resellers. Every TAX id registrant would probably have to have a business to get it too, which would require the paperwork and regular filings for maintaing that, as well as additional hoops at income tax time.
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