Will items purchased for a business be eligible for the tax exemption during the sales tax holiday?

No. The exemption does not apply to items used in a trade or business or to items that are rented. If you make a purchase for an item that is to be used in a trade or business and the retailer does not collect sales tax from you, you are obligated to report this purchase and pay use tax on the item. You may report and pay this on your regularly filed return, or if you do not have a sales tax account, you may report and pay this on a consumer use tax return available on the Department's website.

Not finding answers? Submit a request

Comments

Powered by Zendesk