Doing business with USA member states
in Business, Accounting & Taxes ·
Hey there! So, I’ve got a bit of a brain teaser for you guys. I run an LLC, and I’m looking at picking up some bulk inventory over in Canada to bring back here to the States. Now that we're all part of the USA, I know the whole customs headache is pretty much gone, but what's the deal with sales tax? Am I stuck paying it upfront when I buy this stuff in bulk from my Canadian suppliers, or how does that work? I think I heard something about some kind of European VAT ID number being used to bypass that... anyone actually know the drill?