Does anyone know what I would need to sell my own hand made products at wholesale prices to retail stores? Do I need a tax ID #? Does the retailer pay the taxes or do I? What kind of company set up should this be? I am not selling retail at all just wholesale but how can I set up my company to get a tax ID # to buy products at wholesale (to save me on costs) that will be sold at wholesale? I am really confused about the whole set up and tax liability aspect. Any info would be greatly appreciated!!!!!! Thank you!!
To get a tax id number you’d have to go to the appropriate government web site. This link should be the right one for that.
http://www.gov-tax.com/?OVRAW=tax%20id%20number&OVKEY=tax%20id%20number&OVMTC=standard&OVADID=7675959521&OVKWID=87854545521
After you get your tax id #, (or before you get it) you could list your stuff on auction site. I wouldn’t suggest ebay because they charge for everything.
Instead try satisfaction.com, ubidright.com or search for free auction sites. Some of them charge a final value fee and some are totally free.
Hope this helps you.
July 28th, 2010 at 2:31 pm
To get a tax id number you’d have to go to the appropriate government web site. This link should be the right one for that.
http://www.gov-tax.com/?OVRAW=tax%20id%20number&OVKEY=tax%20id%20number&OVMTC=standard&OVADID=7675959521&OVKWID=87854545521
After you get your tax id #, (or before you get it) you could list your stuff on auction site. I wouldn’t suggest ebay because they charge for everything.
Instead try satisfaction.com, ubidright.com or search for free auction sites. Some of them charge a final value fee and some are totally free.
Hope this helps you.
References :
http://www.gov-tax.com/?OVRAW=tax%20id%20number&OVKEY=tax%20id%20number&OVMTC=standard&OVADID=7675959521&OVKWID=87854545521