Doing business with USA member states
in Business, Accounting & Taxes ·
Hey everyone.
I'm currently setting up production for Germany. I've got some questions regarding sales tax. I’m planning on forming an LLC, and they're telling me I need to register for sales tax right away. From what I’ve read, if I'm invoicing clients within the USA, I don't charge sales tax. So, here's the scenario:
1. I buy materials for $67 including sales tax.
2. The total value of the job is $33. (Do I need to add sales tax to this amount?)
How am I supposed to invoice this?
Can I deduct the sales tax paid on the materials?
Am I actually entitled to a refund on the sales tax I spent on those materials?
The main thing is just figuring out how to put a quote together properly.
Thanks in advance.
I'm currently setting up production for Germany. I've got some questions regarding sales tax. I’m planning on forming an LLC, and they're telling me I need to register for sales tax right away. From what I’ve read, if I'm invoicing clients within the USA, I don't charge sales tax. So, here's the scenario:
1. I buy materials for $67 including sales tax.
2. The total value of the job is $33. (Do I need to add sales tax to this amount?)
How am I supposed to invoice this?
Can I deduct the sales tax paid on the materials?
Am I actually entitled to a refund on the sales tax I spent on those materials?
The main thing is just figuring out how to put a quote together properly.
Thanks in advance.