Resale Certificate Colorado

So füllen Sie die Bescheinigung aus und nehmen sie an

1. Line 1: legal name, trade name, mailing address, and phone. Also give the license number, issuing state, and expiration date; for a Colorado license, enter only the 8-digit account number, not the 12-digit location ID.
2. Line 2: check 'Purchase for Resale' and describe the ordinary course of business, including the products sold.
3. Line 5: purchaser or authorized person prints name, title, signs, and dates. Seller: verify the license on Revenue Online (keep the number and expiration date) or keep a copy of the license, and re-verify after it expires.

Wann ein Verkäufer geschützt ist

The seller carries the burden of proving a sale was exempt. For resale claims, the seller must verify that the purchaser's sales tax license is current and valid at the time of sale, either online at Colorado.gov/RevenueOnline or by inspecting and copying a physical license. The seller must also consider whether the goods fit the claimed resale use and must collect tax if a doubt cannot be resolved.

Aufbewahrungspflichten für Verkäufer

Retailers must keep books, records, and invoices of goods purchased for resale for at least three years, and must keep a copy of any DR 5002 or other exemption form accepted from an out-of-state purchaser (Colorado Sales Tax Guide, Part 9).

Häufige Fehler

• Claiming resale on items the buyer will use or consume; the form says the resale exemption is not available to the user or consumer of the item.
• Entering the 12-digit Colorado location ID instead of the 8-digit account number, or not verifying the license at the time of sale.
• Continuing to rely on a license past its expiration date (December 31 of odd-numbered years) without re-verifying.

Multistate-Bescheinigungen in Colorado

FAQ zum Resale Certificate in Colorado