DUH! Have you thought about sending in a "Texas Sales and Use Tax Resale Certificate"? When you submit the form to KR they won’t charge you sales tax. Here is the form
http://www.kleen-ritecorp.com/files/525d0d91-6563-431b-a92d-0ac4b3866aa4.pdf I learned that back in Basic Business for Dummies 101.
Kevin & others,
As long as we are shedding light on the Sales & Use Tax in relation to buying our Vend items:
Sam's Club & some other local businesses have a similar form on file for us. We checkout specifically (tax exempt just on the resale items for the tax to be paid after we resell the items. During a local non resale supplies & parts purchase checkout we say to the checkout person we are not allowed to use the tax exemption ... to stay within the law.
What is sometimes a tougher logistic is when we have to parse out on a ledger the parts, equipment & non resale supplies from our vend items that we buy from out of state companies when we calculate our quarterly USE & SALES TAX. If we don't separate the items for resale & the items we use elsewhere we would be over or under paying. Government sales tax auditors wagging their accounting degrees in front our faces are not always pleasant.
Like I said, it is still better than the overly simplified gross receipts tax on everything like Randy has in the State of Washington & some others have
in similar taxing format states. Now you guys know why I am a card carrying member of the CAGW
. There are always a few who refuse to support the better logic when it comes to so many of those agendas.
mike walsh
http://kingkoin.com/USA_Deficit_Reduction.html