Businesses can buy products and services for resale without paying sales tax by using a sales tax certificate, also called a Louisiana Resale Certificate. You must take the following actions in order to get one:
1. Register with the Louisiana Department of Revenue – You must register your business with the Louisiana Department of Revenue in order to be eligible to receive a sales tax certificate. You have two options for doing this: online or with a paper application.
2. Give the required information – You must give details such your company name, address, and federal tax ID number. You must also state whether you want to provide both services and tangible objects for sale.
3. Obtain a Louisiana Resale Certificate – By completing Form R-1064 after your company has registered with the Louisiana Department of Revenue, you can get a resale certificate. Both an online and paper application can be submitted for this form. Wait for processing – The processing time for a resale certificate application is normally two weeks. Your certificate will be mailed to you after it has been approved.
How to Verify the Resale Certificate in Louisiana
The Louisiana Department of Revenue’s online verification system can be used to verify the validity of a resale certificate you already hold. To check its validity, merely type in the resale certificate number and the seller’s sales tax account number.
Certificates of exemption from Louisiana’s sales tax are perpetual. However, you must update your certificate with the Louisiana Department of Revenue if your firm undergoes any changes, including a change in ownership or location.
In Louisiana, processing a resale certificate application normally takes two weeks. The quantity of applications received by the Louisiana Department of Revenue, however, may affect processing timelines.
You must register your business with the Louisiana Department of Revenue and complete Form R-1064 in order to get a resale certificate in Louisiana. Both an online and paper application can be submitted for this form. Your certificate will be mailed to you after it has been approved.
Finally, obtaining a Louisiana sales tax certificate is a simple procedure that requires Form R-1064 to be filled out and business registration with the Louisiana Department of Revenue. The Louisiana Department of Revenue’s online verification system can be used to verify the validity of a resale certificate you already hold. Although resale certificates are perpetual, you must update them whenever your company undergoes any changes.
Yes, you must open a sales tax account and receive a Louisiana Sales Tax Certificate if you intend to sell taxable goods or services in Louisiana.