Legal Question in Business Law in California
amazon pro seller living in CA I have a buisness license and Business bank account and sell lots on amazon how does sales tax work? I pay it on when I buy all my inventory and then sell it on amazon online am I required to pay sales tax and how much?
3 Answers from Attorneys
You should get a State Board of Equalization reseller number so you can stop paying tax on your purchases, and then either charge tax or build it into your price and only pay it when you resell.
You may well have a sales tax obligation, depending on what you sell, and how you deliver it.
The State Board of Equalization has a publication on sales tax for Internet transactions at
http://www.boe.ca.gov/formspubs/pub109/
Best of luck to you.
Timothy is right on. In addition, you must, as a California based business, report and pay sales taxes for sales to California residents. As Charles says, work with the SBOE.
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