Excise Checkbox Certificate For Free

1. What is the general excise tax (GET)? The GET is a privilege tax imposed on business activity in the State of Hawaii. The tax is imposed on the gross income received by the person engaging in the business activity. Your ?gross income? is the total of all your business income before you deduct your business expenses.

However, Hawaii is one of ten states that do not recognize out-of-state resale certificates. For example, if you want to purchase goods and not pay sales taxes on them in Washington or California, you must file and obtain a resale certificate in each of those states.

All business owners in Hawaii who resell goods at retail need a resale certificate. The primary benefit is, of course, you only have to pay 0.5% in general excise taxes on your inventory items.

There are no GET exemptions based on a customer's tax-exempt status. As a result, we do not issue tax exemption certificates to tax-exempt organizations, government agencies, or credit unions to exempt their purchases from Hawaii businesses.

A Hawaii Sellers Permit can only be obtained through an authorized government agency. Depending on the type of business, where you're doing business and other specific regulations that may apply, there may be multiple government agencies that you must contact in order to get a Hawaii Sellers Permit.

When making sales tax exempt to a customer for resale, you are required to obtain a copy of a properly completed resale certificate. See Rule 301 Sales for Resale and Sales of Packaging Materials for further information. Maine statute provides a sales tax exemption to various organizations.

While many states waive sales tax on tangible goods purchased to be resold, Hawaii lowers the tax percentage from four percent (4.5 percent in the city and county of Honolulu) to a half percent. However, you must have a valid Hawaiian resale certificate for these transactions.