Maine Revenue Services Issues Sales and Use Tax Instructional Bulletin on Resale Certificates

Maine Revenue Services Feb. 24 issued a sales and use tax instructional bulletin on the administration and use of resale certificates. A resale certificate allows a retailer to make purchases for resale without paying the sales tax and must be provided to a retailer’s supplier to support a resale exemption claim. The bulletin includes information on: 1) the difference between retailer and resale certificates; 2) the issuance and renewal of the resale certificates; 3) retailers with annual gross sales of less than $3,000; 4) the responsibilities of a retailer as a purchaser and a seller; and 5) sales to out-of-state ...