QUESTION
Can someone else use my seller's permit/resale number for their small business to purchase products?
Asked on Mar 07th, 2013 on Taxation - California
More details to this question:
They are a very small business in a different industry and not likely to grow big anytime soon. Is it going to be a problem if I lend them my number?
2 ANSWERS
Generally the answer is no.
Answered on Mar 07th, 2013 at 11:48 PM
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No. This is an improper use of a resale certificate. Such a use can result in penalties, revocation of your sales certificate, and, in addition to civil penalties, is a misdemeanor criminal offense.
Answered on Mar 07th, 2013 at 1:41 PM