Hello. I have a question I hope you can help me with.
I have a LLC company registered in Florida which sells products exclusively to international customers. I buy all my inventory in the U.S. both in stores and online, and then sell to end consumers in Europe and Asia. I have received a tax-exempt certificate for re-sale, so I do not pay sales tax when I order in physical stores.
When I order online, however, I am almost always charged sales tax without the option to present a tax certificate number or similar.
My question is: Is there a way to get refunded these sales tax expenses when I purchase inventory for my business? I do not pay any outgoing sales tax, as I sell internationally. So when I file a sales tax form for the first time, would I then put a negative number on there and expect the state of Florida to pay up?
Not sure how this works, so I would really appreciate some advice here
I have a LLC company registered in Florida which sells products exclusively to international customers. I buy all my inventory in the U.S. both in stores and online, and then sell to end consumers in Europe and Asia. I have received a tax-exempt certificate for re-sale, so I do not pay sales tax when I order in physical stores.
When I order online, however, I am almost always charged sales tax without the option to present a tax certificate number or similar.
My question is: Is there a way to get refunded these sales tax expenses when I purchase inventory for my business? I do not pay any outgoing sales tax, as I sell internationally. So when I file a sales tax form for the first time, would I then put a negative number on there and expect the state of Florida to pay up?
Not sure how this works, so I would really appreciate some advice here
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