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Old 09-22-2010, 07:42 AM
MarcSmith MarcSmith is offline
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Join Date: Jul 2004
Location: Washington DC
Posts: 7,242
so if I pay 10bucks for a plant with a 6% sales tax. I pay the retail cost plus tax. 10.60 I then charge my client $10.60. no markup no fees. they are the end user. the retail sales tax has been paid...

but in a nutshell, it would be hard to prove that you did not mark up the materials cost. but again if you have the client buy there material and pay the sales tax on it. they are the end user... they have paid the tax, you are just installing what they bought...

the problem with doing it this way is that you lose the retail markup, which will add significantly to the profit on any job...
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