What is a Wisconsin resale sales tax exemption certificate?

A Wisconsin resale sales tax exemption certificate is a document that allows businesses to purchase or rent property or products tax-free. The certificate is valid for one year and must be renewed annually by businesses to maintain the exemption.

There are certain purchases or rentals that can be made without paying sales tax. Some examples are nails, fabric, and wood incorporated into a chair; items which will be rented out as real property or tangible personal property; and services that will be resold.

How to get a Wisconsin resale sales tax exemption certificate??

When it comes to getting a Wisconsin resale sales tax exemption certificate, there are a few things that vendors need to know. For starters, the vendor does not need to get one from their purchasers- the invoice should already identify the exempt items. The annual resale certification is only valid for items that are exempt from tax based on their use. This means that you can use the certificate to purchase items for personal use and later sell them as part of your business.

To make the form valid, the purchaser doesn’t need to highlight any of the bullet points. All that is required is to fill out the form and sign it. The address on the certificate doesn’t have to match the location address of your company. It just needs to include your business name and be up-to-date.

The initial certificate will suffice as long as all information is correct. There’s no need for you to send multiple copies. So if you’re looking to get a resale sales tax exemption certificate, make sure to keep these things in mind!

This certificate, also known as a tax exempt certificate, must be obtained by any business that plans to purchase products with the intention of reselling. Example: If your business is A and you’re located in Florida, you will need a reseller certificate to be able to sell goods in Florida. Although a reseller’s certificate is usually valid within the state, there are some friendly states that accept certificates from other states to allow them to do business in their state.

If a reseller certificate is submitted by the business, supplier, or the provider of the service or goods, is authorized not the charge any sales tax, and the liability of sales tax, then lies with the re-seller, based on the value of the final sales. Example – $100 worth of items are sold by business A to business B, and because a reseller certificate was provided by reseller b (2A) no sales tax is charged in this transaction., however, when the reseller will sell the product for say $200 sales tax must be taxed on $200

You have two options to share a reseller’s certification by the reseller. Either submit an existing reseller certificate or create a reseller certificate through third-party platforms like Avalara, Tax exempt, etc.