2007-07-11 00:59:42 · 2 answers · asked by sly 1 in Business & Finance ➔ Small Business
You have to fill out the form and pay the tax. But it's not national; you have to do it with each state in which you plan to do business. Contact the state tax authority. In Illinois, it's the "Department of Revenue". Other states probably call it something similar. Ask any retailer in the state for the contact information if you can't find it easily on the state's web site.
2007-07-11 01:06:50 · answer #1 · answered by Ted 7 · 0⤊ 0⤋
In Ca, age doesn't matter. You simply go to the State Board of Equalization, fill out the forms to tell them what type of business you want to start and your projected earnings. They will tell you whether you will need to put down a deposit and how much it is depending on those two pieces of information. Then the issue you a resellers license which enables you to purchase wholesale and without paying taxes until you resell the item. Then you file with them quarterly, semi annually or annually depending on the license you receive and pay the tax. I've had one since I was 12 or 13.
2016-05-19 05:24:26 · answer #2 · answered by jaye 3 · 0⤊ 0⤋