Get Irs Form 3372

What is the expiration date for my current Sales tax license? Sales tax licenses are issued yearly and are valid January - December of the tax year listed on the license.

Sellers are required to maintain records, paper or electronic, of completed exemption certificates for a period of four years. Michigan does not issue “tax exempt numbers” and a seller may not rely on a number for substitution of an exemption certificate.

Form 3372, Michigan Sales and Use Tax Certificate of Exemption, is used to claim exemption from Michigan Sales and Use Tax. The buyer must present the seller with a completed form at the time of purchase.

Parties do not need to renew this blanket exemption claim as long as the recurring business relationship exists. C) Choose “Blanket Certificate” and enter the expiration date (maximum four years) when there may be a period of more than 12 months between sales transactions.

Required State License(s): Resellers should apply with the Michigan Department of Treasury for a use tax license if products are sold to consumers from a Michigan location. You may call the Michigan Department of Treasury at 517-636-6925.

Tax-exempt customers Some customers are exempt from paying sales tax under Michigan law. Examples include government agencies, some nonprofit organizations, and merchants purchasing goods for resale. Sellers are required to collect a valid exemption or resale certificate from buyers to validate each exempt transaction.

Keep the resale certificate on file – The Michigan Department of Treasury instructs retailers to keep all sales tax exemption certificates on file for four years.

Resale certificates in Iowa are valid for up to three years from the original issue.