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Re: T & R Electric--still viable Piglet supplier??
Original poster: "Jim Lux by way of Terry Fritz <twftesla-at-qwest-dot-net>" <jimlux-at-earthlink-dot-net>
Excellent suggestion...
In California, you need two things: a State Board of Equalization Seller's
Permit (which has to do with collecting and paying sales tax) and the local
business license.
You'll have to file a business personal property tax return every year and
pay the approximately 1% tax on your business assets. Don't try to claim you
have no assets to tax. They'll ask you about the pen you used to fill out
the form.. Hmm, personal property used in conducting the business, value $1,
etc.... just have a reasonable amount of "office" kind of stuff (half a case
of paper, a desk, a chair).. pay the buck or so taxes on the $100 worth of
stuff and be done with it.
Board of Equalization rules are mindbendingly complex, but, if you don't try
to buy things without sales tax, and don't sell anything that might be
taxable, then you'll just pay the base amount, which varies somewhat by
county. Most "wholesale only" places in California that actually care about
such things just ask for your "resale number" as a means to establish your
bonafides.
----- Original Message -----
From: "Tesla list" <tesla-at-pupman-dot-com>
To: <tesla-at-pupman-dot-com>
Sent: Saturday, September 07, 2002 9:49 AM
Subject: RE: T & R Electric--still viable Piglet supplier??
> Original poster: "Cajun Coiler by way of Terry Fritz <twftesla-at-qwest-dot-net>"
<cajuncoiler-at-cox-dot-net>
>
>
> If it's a matter of them only selling to companies, just
> get a business license. Filling out a $0 tax form every
> month for a year, is a small price to pay to get your
> pigs, and possibly other special "only to companies" items.
> The actual filing fee though, is a little more, and will
> vary from county to county... here, it's $50, or $25 after
> June 15th. At the end of the tax year, you can let it
> lapse, and return to "regular citizen" status, or renew.
> I personally, have been renewing for almost 10 years now,
> and it has made it a LOT easier to buy from distributors,
> and open revolving accounts with them.
>
> ---
> C.L. Mayeux
> Owner, MSB Data Systems
> poohbear1961-at-cox-dot-net
> http://www.msbdatasystems.tk
>
> > Does anyone know if they still supply individuals? I don't want
> > to recommend them anymore it it's a dead end.
> > Dave
>
>
>