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Form ST-120, Resale Certificate, is a sales tax exemption certificate. This certificate is only for use by a purchaser who: A – is registered as a New York State sales tax vendor and has a valid
A properly completed exemption certificate accepted in good faith protects the seller from liability for the sales tax not collected from the purchaser. Exemption certificates of other states or countries are not valid to claim exemption from New York State and local sales and use tax.
New York State and Local Sales and Use Tax Exempt Purchase Certificate for Certain Property and Services Used in Dramatic and Musical Arts Performances. ST-122. Instructions on form. Exempt Purchase Certificate for an Agent of a New York Governmental Entity; available by calling (518) 485-2889.
A New York Resale Certificate is a document issued by the New York Department of Taxation and Finance that allows businesses to buy goods for resale without paying sales tax on those goods. Learn more about how a New York Resale Certificate works, how to get one, and more.
The ST-120 Resale Certificate is one of the many sales tax exemption certificates issued by the New York Department of Taxation and Finance (NYSDTF). An ST-120 enables a purchasing business or entity to buy tangible property or services without paying New York’s sales tax.
You may use a resale certificate in New York to purchase items intended for resale without paying sales tax, but you may also need a certificate of authority. Find out what types of businesses need to obtain these important documents.
A New York resale certificate gives your business the authority to make sales and collect sales tax within the state. Read how to apply for it.
for resale, but use or consume the tangible personal property or services yourself in New York State, you must report and pay the unpaid tax directly to New York State. Any misuse of this certificate will result in tax liabilities and substantial penalty and interest.
To use a New York resale certificate (sometimes called a reseller’s permit) you must already be registered to collect sales tax in the state of New York. This registration also allows you to buy items from retailers tax-free if you intend to resale them.
Businesses can apply for certificates that exempt them from paying sales tax on certain items. These certificates are issued by the New York State Department of Taxation and Finance (DTF). Businesses complete the certificate, and provide it to the vendor.