Question:
I am a contractor performing only lump-sum contracts,
should I obtain a sales tax license and collect sales tax from my
customers?
No,
contractors performing only lump-sum contract jobs on real property will
not be issued a sales tax license. You must pay all applicable sales and
use taxes on purchases of building supplies, construction materials and
all other tangible personal property used in the performance of your
services.
For Further Information:
FYI Sales 6 |
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