What is a ST 121?
You may use Form ST-121 as a blanket certificate covering the first and subsequent purchases of the same general type of property or service. Use Form ST-121.2, Certificate of Exemption for Purchases of Promotional Materials, when making purchases of promotional materials.
How do I get a NYS tax exempt number?
- File Form ST-119.2, Application for an Exempt Organization Certificate.
- Submit the required documentation described in the Instructions for Form ST-119.2.
- Provide a copy of your 501(c)(3) determination letter when applying (if your organization applied for and received federal income tax exemption from the IRS)
What is a Certificate of Authority in NY?
The Certificate of Authority gives you the right to collect tax on your taxable sales and to issue and accept most New York State sales tax exemption certificates. Generally, the seller collects the tax from the purchaser and remits it to New York State.
What is a New York State Certificate of Authority number?
In New York State, the Certificate of Authority, also known as the Certificate of Authority to Collect Sales Tax, is the Sales Tax ID number the state requires a business to use when collecting sales tax. Requests for a Sales Tax ID number must go through the New York State (NYS) Department of Taxation and Finance.
Does NY ST-121 expire?
You must complete all required entries and sign and date the form. The seller keeps the certificate and may then sell you certain property or services without charging sales tax. You must give the seller a properly completed Form ST-121 within 90 days after the delivery of the property or performance of the service.
Can I use tax exempt for personal use?
You may use an exemption certificate if, as a purchaser: you intend to resell the property or service; you intend to use the property or service for a purpose that is exempt from sales tax; or. you make purchases as an agent or employee of tax-exempt nonprofit organizations or government entities.
How long does it take to get NY certificate of authority?
four to six weeks
If you go this route, your certificate will arrive within four to six weeks. Delays can occur if the office needs to request additional information. When you receive the certificate, it should be displayed prominently at your office or place of business.
Is my certificate of authority number the same as EIN?
In short, a state ID number (certificate of authority) and an EIN number are two different things. One is given to you by the federal government. The other tax identification number is given to you by the state.
Does a NYS Certificate of Authority expire?
The new Certificate of Authority will not contain an expiration date, but will be subject to the same renewal procedures when reregistration is again required.
