If your consultancy is based from a location in the City, a Business Tax Certificate will be required for that location. Who must obtain a seller's permit?What does engaged in business mean? State law requires that all business personal property be assessed annually for property tax purposes. Retailers engaged in business in California must register with the California Department of Tax and Fee Administration (CDTFA) and pay the state's sales tax. It really is that simple. The acquisition cost of a plant asset is the amount of cost incurred to acquire and place the asset in operating condition at its proper location. When your inventory level reaches the reorder point, the platform can autopopulate your purchase order form using the desired number of units. If you're a business, you'll need to pay California use tax if you made a purchase from outofstate sellers. By letting City Wide manage your janitorial supplies, running out of toilet paper or soap will never be a concern.