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Seller's Permit Business Government Sales Making Quick Slow

Id ESLPod_0620_CN
Episode Id ESLPod 620
Episode Title Making Quick and Slow Decisions
Title Making Quick and Slow Decisions
Text

In many parts of the United States, anyone who sells "merchandise" (products), "vehicles" (cars, trucks), or other "property" (things that can be owned) must have a "seller's permit," or permission from the government to sell things. The seller can apply for a "temporary" (for a short period of time) seller's permit if he or she will be selling for only a short period of time, or a "regular" (basic; normal) seller's permit if he or she "anticipates" (believes that he or she will have) "ongoing" (continuing over time) sales. People and businesses who sell things in more than one place must "display" (show to other people) a seller's permit at each "site" (location).

A seller's permit is especially important in states that charge a "sales tax" (money collected by the government as a percentage of the sales price of most products and/or services). A seller's permit allows the "holder" (the person or business with the permit) to buy goods "for resale" (with the intention of reselling them) without paying sales tax. It also helps the government "keep track of" (monitor; observe) which sellers should be collecting sales tax from customers and then sending that money to the government.

To "apply for" (request; ask for) a seller's permit, the "applicant" (the person who is requesting the permit) must fill out an application "form" (a document with blank spaces where one can provide information) with basic information about the business and the type(s) of "goods" (products) that will be sold. The applicant may need to attach some personal identification or the "business license" (a document showing that the business has been registered with the government) so that the permit reviewers can "verify" (determine whether something is true or correct) the information on the application.

Topics Business

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