A Reseller Tax ID is the same as a Seller's Permit.
A Reseller Tax ID is a state sales tax id number used to buy wholesale, sell wholesale, sell retail, pay sales tax to the state and collect sales tax from taxable transactions.
Thus a Reseller Tax ID ( seller's permit / wholesale license), is used to sell or buy wholesale, and sell in small amounts retail.
A Reseller Tax ID is also called a wholesale ID, a State ID, a Resale Number, Reseller ID etc.
Here are the 4 Tax ID Numbers:
1. A federal tax ID number (Federal EIN),
2. a STATE EMPLOYER TAX ID - State Employer (State EIN) Tax ID Number,
3. a Reseller Tax ID Number ( seller's permit / wholesale license), and
4. a Business Tax Registration ID (Business License). |