CONTRACTOR TAX OPTION CHANGE

Changing your Contractor option

You will be contacted within 24-48 hours to verify your Contractor Option Change. Complete the following form and choose a new option. All fields are required.


Registration Number *:
DBA Name *:
Your Name *:
Address *:
City *:
State *:
Zip *:
Phone *:
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Option 1: Contractor – Collects and Remits Sales Tax – Tax Free Inventory
I elect to maintain a tax-free inventory of those building materials intended to be annexed to real estate or used to repair property annexed to real estate. I will collect and remit sales tax on the separately stated amount charged for building materials and fixtures. If I charge one amount that includes both building materials and labor, I will collect sales tax on the entire charge. I will pay sales tax or remit use tax on all purchases and rentals of tools, equipment, barricades, and supplies used in the completion of my projects, even on a project performed for an exempt entity.
Option 2: Contractor Tax Paid Inventory
I elect to maintain a tax-paid inventory of those building materials intended to be annexed to real estate or used to repair property annexed to real estate. I will pay consumer's use tax on all purchases, including building materials, when applicable sales tax has not been paid. I will pay sales tax or remit use tax on all purchases and rentals of tools, equipment, barricades, and supplies used by me in the completion of my projects even on a project performed for an exempt entity.
Option 3: Contractor Remits Use Tax - Tax Free Inventory
I elect to maintain a tax-free inventory of those building materials intended to be annexed to real estate or used to repair property annexed to real estate. I will remit consumer's use tax at a rate in effect at the time and place those materials are withdrawn from my inventory. I will pay sales tax or remit use tax on all purchases and rentals of tools, equipment, barricades, and supplies used by me in the completion of my projects, even on a project performed for an exempt entity.