|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PARRIS N. GLENDENING, Governor
|
|
|
|
|
|
H.B. 260
|
|
|
|
|
|
|
|
|
|
|
|
|
|
House Bill No. 260
AN ACT concerning
Sales and Use Tax - Resale Certificates - Out-of-State Vendors
FOR the purpose of altering certain requirements for the use of resale certificates
under the sales and use tax by allowing a vendor to accept a resale certificate
that provides a sales and use tax registration number of another state under
certain circumstances; providing that a sales and use tax registration license or
comparable license from another state be provided to a vendor under certain
circumstances; and generally relating to the use of resale certificates under the
sales and use tax.
BY repealing and reenacting, with amendments,
Article - Tax - General
Section ll-408(b)W
Annotated Code of Maryland
(1997 Replacement Volume and 1999 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article - Tax - General
11-408.
(b) (1) Except as provided in paragraph (2) (3) of this subsection, the duty of
a vendor to collect the sales and use tax from a buyer is waived if the buyer provides
the vendor with a signed resale certificate that:
(i) is in the form that the Comptroller requires by regulation;
(ii) states the name[,] AND address[, and registration certificate
number] of the buyer;
(III) 1. PROVIDES THE MARYLAND SALES AND USE TAX
REGISTRATION NUMBER OF THE BUYER; OR
2. FOR THE SALE OF AN ANTIQUE OR USED COLLECTIBLE,
PROVIDES A SALES AND USE TAX REGISTRATION NUMBER OF ANOTHER STATE AND
STATES THAT THE BUYER IS AN OUT-OF-STATE VENDOR WHO DOES NOT ENGAGE IN
THE BUSINESS OF AN OUT-OF-STATE VENDOR, AS DEFINED IN § 11-701 OF THIS
TITLE; and
[(iii)] (IV) contains a statement to the effect that the tangible
personal property or taxable service is bought for the purpose of resale.
(2) (I) IF A BUYER PROVIDES A RESALE CERTIFICATE WITH A SALES
AND USE TAX REGISTRATION NUMBER OF ANOTHER STATE AS PROVIDED UNDER
|
|
|
|
|
|
|
|
|
|
- 4315 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
