Members Login | Help | Contact Us

SaleHoo

Forum Home > Starting out Importing > tax ID #

New to selling or importing? Ask questions here! Discuss the safety of payment methods, ways suppliers ship and any importing/customs issues that you have concerns about or have come across?

tax ID #


tax ID #

Post 9228wayne 20/04/2007 11:08

:P This is for the new to INTERNET sales .
This my be use full to you if you are new you do not need a tax number from the federal gov. if you are the sole proprietor off the business you will need a state number if your state has income taxes.
There are some wholesalers that require one any way I hope this is usefull.
Wayne M. Hartley.
9228wayne
New SaleHoo Member
 
Posts: 1
Joined: 19/04/2007 13:32
Location: US

Post just_me 19/05/2007 06:34

and if in case your items ever get locked in customs and the customs require your tax ID number then give them your social security number. this works just fine.
just_me
SaleHoo Junior Member
 
Posts: 26
Joined: 09/05/2007 19:14
Location: US

Post azureus001 19/05/2007 16:50

generally speaking, wholesale to wholesale transactions do notrequire a tax-id, wholesale for retail purpuses do. I own 2 wholesale companies, you are required to have the tax-id on file for all the tax exempt companies that you sell to for audit reasons. If you collect sales tax and the govnt wants to check your sale tax deposits with your books than you will have to prove why you didn't collect the taxes on some individuals, if you don't have their license on file than your liable for those taxes regardless. so that is why just about every legit company that sells to other companies or gives wholesale prices will ask you for it. copmanies from dbl to walmart.
azureus001
SaleHoo Senior Member
 
Posts: 110
Joined: 18/04/2007 21:16
Location: Michigan, USA