Full question:
As a private purchaser can I buy a product wholesale and redistributed it without special permission f any sort?
- Category: Small Business
- Date:
- State: New York
Answer:
If you are in business of buying and selling you would need a sales tax ID and register the business as required. If you are not in the business but bought something at a wholesale price and resold it for more that is not illegal. But again if you are in the business of doing that on a regular basis you are considered in business.This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.