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The contractor is deemed to be the consumer of the materials and must pay sales tax on these purchases. Contractor generally cannot use a resale certificate. ? Exception #1: Contractor can use a resale certificate if the contractor is a ?two-hatter? ? i.e., the contractor is also a retailer of goods.
Sometimes, a contract covers a one-time action between parties, but what happens when the relationships or circumstances are ongoing? When signing parties know they will continue to work together in the future, a Master Service Agreement (MSA) can simplify those future agreements and speed up the negotiation process.
A master service agreement (MSA) is a contract that establishes the fundamental agreements between two parties. MSAs allow vendors and clients to agree on basic terms at the outset of a business relationship, which can drastically speed up the negotiation process for future projects and contracts. An Introduction to Master Service Agreements (MSAs) ? blog ? master-service-agr... ? blog ? master-service-agr...