Get WA DoR REV 41 0112 2013

Washington state levies a real estate excise tax (REET) on all property sales. This state tax rate is 1.28% of a property's full selling price.

Washington state levies a real estate excise tax (REET) on all property sales. This state tax rate is 1.28% of a property's full selling price.

Federal excise tax revenues collected mostly from sales of motor fuel, airline tickets, tobacco, alcohol, and health-related goods and services totaled $83.8 billion in 2017, or 2.5 percent of federal tax receipts. Excise taxes are narrowly based taxes on consumption, levied on specific goods, services, and activities.

Excise taxes are taxes paid when purchases are made on a specific good, such as gasoline. Excise taxes are often included in the price of the product. ... Form 720, Quarterly Federal Excise Tax Return, is available for optional electronic filing.

State Business and Occupation Tax Washington, unlike many other states, does not have an income tax. Washington's B&O tax is calculated on GROSS income from activities. This means there are no deductions from the B&O tax for labor, materials, taxes, or other costs of doing business.

Services in Washington are generally not taxable. But watch out if the service you provide deals with construction services, you will likely have to deal with sales tax. Tangible products are taxable in Washington , with a few exceptions.

Log in to My DOR. Select Get Started Click the Accounts tab. Click Excise Tax for the selected account. Click on the Reseller Permit tab and then select Apply for Reseller Permit Complete the application and click Submit

Reseller permits are free and will be issued to businesses that make wholesale purchases, including qualified contractors. The permits allow businesses to purchase items or services for resale without paying retail sales tax.

If you have a business through which you are purchasing products for resale, you should have a reseller's permit, also known as a resale number, reseller's license, or sales tax identification number. ... A resale number will also allow you to purchase items from wholesalers and distributors without paying sales tax.

No, a seller's permit and business license are completely different. Sales tax is regulated by the state of the location of the business while a business license is generally issued through the municipality or city the business is located in.

Usually, unless you are selling products or services in a regulated industry such as health care, you don't need a seller's permit to conduct business online, but that may not be the case in your state and/or in your industry.

Register In Person. You may register for a seller's permit in person at one of the Board of Equalization's field offices. ... Register by Mail. You can get an application for a resellers permit mailed to you by calling 800-400-7115. ... Apply Online.

A seller's permit, sometimes called a "sales tax" permit or license, allows you to collect sales tax from your customers, while a resale license allows you to buy items you're going to resell without paying tax for those items yourself.

Whether you sell your products from your home, through stores or online, you'll need to register as a business and obtain a wholesale license. ... Obtain a sales-tax license. Once your business is registered, you will need to obtain a sales-tax license in order to charge sales tax on the items you sell.

Usually, unless you are selling products or services in a regulated industry such as health care, you don't need a seller's permit to conduct business online, but that may not be the case in your state and/or in your industry.