Covering Business Credit

Credit Questions and Answers
Business Credit and Collections
Commercial Credit Management

Return to Q and A 2004Home

spacer
 
Doctor Credit

An applicant claims the company is exempt from sales tax as a registered "not for profit" corporation. Are they?

Answer: Possibly. It depends on applicable State law. In California, few non-profits are exempt from sales tax. The customer should be willing and able to produce and deliver some document issued by the State Board of Equalization [or similar State entity] confirming that the State considers all purchases made by this entity to be exempt from sales tax.

 
spacer spacer

 


 

Web

www.coveringcredit.com