Upload Data To Legal Maine Business Sale Forms For Free

When buying or selling high-value items in Maine, you need a bill of sale. This legal document records the transfer of ownership of a car, boat, firearm, or other personal property from a seller to a buyer.

Purchases of goods for resale should be exempt from the (generally) 5.5% Maine sales tax under the following circumstances: You must obtain a resale certificate from the State Tax Assessor. You must specifically state in the purchase order, whether written or oral, that the property is purchased for resale.

Some goods are exempt from sales tax under Maine law. Examples include some groceries, prescription drugs, and medical devices. We recommend businesses review the bulletins and notices put forth by Maine Revenue Services to stay up to date on which goods are taxable and which are exempt, and under what conditions.

There are two ways to register for a sales tax permit in Maine, either by paper application or via the online website. We recommend submitting the application via the online website as it will generally be processed faster and you will receive confirmation upon submission.

A Maine resale certificate (also commonly known as a resale license, reseller permit, reseller license and tax exemption certificate) is a tax-exempt form that permits a business to purchase goods from a supplier, that are intended to be resold without the reseller having to pay sales tax on them.

MAINE SALES TAX NEXUS: You will have to comply with the state of Maine's individual sales tax laws and apply for a seller's permit if: The business's primary location (online store, storefront, office etc.) where it conducts operations is located within Maine.