Print   Email   RSS

Direct Payment Permits

April 13, 2006

	Visited: 148
	Not rated
	Rate: Select 1 - Terrible 2 - Poor 3 - Average 4 - Good 5 - Outstanding

Many states authorize purchasers to apply for a direct payment permit. Purchasers holding such permits do not pay any sales tax to their sellers. Rather, the permit holders assume the full responsibility for determining which of their purchases are taxable and which are exempt, and remit any tax that may be due directly to the state. Upon receiving a valid direct payment certificate, a seller is relieved of all responsibility for collecting tax from the permit holder.

 Feedback   Mail To A Friend   Submit Article   Add To Favorites