sharpie Posted March 29, 2007 Share Posted March 29, 2007 Hello, im new here, and i am in the beginning stages of starting my own company. When I was looking up information on LLC i noticed something said about "in order to do business in other states, you must file in each state you wish to do business with, and pay taxes specific to each state"does this mean if I sell product in other states I have to do this?:undecided Quote Link to comment Share on other sites More sharing options...
Patience Posted March 29, 2007 Share Posted March 29, 2007 Hi Sharpie, You don't register your business in each state. You should register your business in your state and county. You should have a certificate of authorization from your state to collect sales tax. If you ship your products to another state, the buyer does not pay sales tax. If you sell or ship your products in your own state, you should collect sales tax from the buyer. If you wholesale your products you don't collect sales tax, but you should get that business owners tax ID for use in your income tax filing.You'd only have to register in another state if you were physically setting up a business there. HTHAnd that concludes todays lesson... Quote Link to comment Share on other sites More sharing options...
LaVida Posted March 30, 2007 Share Posted March 30, 2007 I'm backing Patience up w/ this one. Great explanation... :highfive:I didn't know you didn't collect tax on wholesale orders.... thanks for posting this. I haven't even delved into wholesale yet... Quote Link to comment Share on other sites More sharing options...
Jodi in Ohio Posted August 9, 2007 Share Posted August 9, 2007 How about having gift shops or other shops in other states sell you items? Do you collect sales tax? Quote Link to comment Share on other sites More sharing options...
BLSoaps Posted August 9, 2007 Share Posted August 9, 2007 If it is their business, and they're selling your soaps, THEY register their business, collect taxes, etc. If you open a 2nd store, and it's YOUR STORE (like a chain or franchise), then YOU register in that state, collect taxes, etc. Quote Link to comment Share on other sites More sharing options...
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