Each year, you will receive a new Annual Resale Certificate. The certificate is effective the day of issuance and through the following calendar year.
New Jersey – https://www.njportal.com/DOR/BusinessRegistration/
Sales tax rate – 6.625%
Information required to register for a sales tax permit in the state of New Jersey
1) Federal Identification Number
4) Trade Name
5) Type of Ownership
6) New Jersey Business Code
7) Owner, partnership, corporate officers’ info
8) Other basic info (if business is seasonal, entity, subsidiary, info about what you sell, etc.)
If you resell an item that you’ve purchased, you may need to report use taxes on the item. Similar to sales taxes, use taxes apply when merchandise is brought into your state and used there.
An Annual Resale Certificate can be accepted by a selling dealer if it has only one owner and no d/b/a. This type of certificate is valid for any type of transaction (store, e-commerce). In addition, the selling dealer can continue to sell tax-exempt products (for example, on a charge account or cash on delivery basis) to this customer.
This certificate, also known as a tax exempt certificate, must be obtained by any business that plans to purchase products with the intention of reselling. example – If you are a business called A, based in the state of Florida, then in order to re-sell goods within the state of Florida then you must obtain a reseller’s certificate. Although a reseller’s certificate is usually valid within the state, there are some friendly states that accept certificates from other states to allow them to do business in their state.
The supplier is the owner of the certificate. All steps must be taken to ensure the certificate remains valid.
New Mexico (Spanish: Nuevo México, Nuevo Méjico, [ˈnweβo ˈmexiko] (listen); Navajo: Yootó Hahoodzo [joː˩tʰo˥ ha˩hoː˩tso˩]) is a state in the Southwestern United States. It is one of the Mountain States of the southern Rocky Mountains, sharing the Four Corners region of the western U.S. with Utah, Colorado, and Arizona, and bordering Texas to the east and southeast, Oklahoma to the northeast, and the Mexican states of Chihuahua and Sonora to the south. The state capital is Santa Fe, which is the oldest capital in the U.S., founded in 1610 as the government seat of Nuevo México in New Spain; the largest city is Albuquerque.
New Mexico is the fifth-largest of the fifty states, but with just over 2.1 million residents, ranks 36th in population and 46th in population density. Its climate and geography are highly varied, ranging from forested mountains to sparse deserts; the northern and eastern regions exhibit a colder alpine climate, while the west and south are warmer and more arid; the Rio Grande and its fertile valley runs from north-to-south, creating a riparian climate through the center of the state that supports a bosque habitat and distinct Albuquerque Basin climate. One–third of New Mexico’s land is federally owned, and the state hosts many protected wilderness areas and national monuments, including three UNESCO World Heritage Sites, the most of any state.
New Mexico’s economy is highly diversified, with major sectors including oil and mineral extraction, cattle ranching, agriculture, lumber, scientific and technological research, tourism, and the arts, especially textiles and visual arts. Its total gross domestic product (GDP) in 2020 was $95.73 billion, with a GDP per capita of roughly $46,300. State tax policy is characterized by low to moderate taxation of resident personal income by national standards, with tax credits, exemptions, and special considerations for military personnel and favorable industries; subsequently, its film industry is one of the largest and fastest growing in the country. Due to its large area and economic climate, New Mexico has a significant U.S. military presence, including White Sands Missile Range, and strategically valuable federal research centers, such as Sandia and Los Alamos National Laboratories. The state hosted several key facilities of the Manhattan Project, which developed the world’s first atomic bomb, and was the site of the first nuclear test, Trinity.Source