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California Sales TaxCalifornia Sales Tax
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Notes about California rules for applying for collecting
To collect sales tax from selling tangible items, you are probably required to hold a seller's permit. You must obtain a seller's permit if you:
To get a sellers permit you will be asked to furnish:
Note that the Board may require a security deposit to cover any unpaid taxes that may be owed if, at a later date, the business closes. The amount of the security will be determined at the time you apply.
If a deposit is required, the amount will be determined at the time of application. The customary minimum deposit is $500 and the maximum is $10,000. (According to opening a business in Berkeley)
Your records may be audited to determine whether you have paid the correct amount of tax. The audit may determine that you owe tax, that you are entitled to a refund, or that you have paid the correct amount. In general, you may be audited in three-year intervals, at the time you close out your permit, or in connection with an audit on another permit you hold. Audits may also be initiated as a result of information received from outside sources. You must keep sales and use tax records for four years unless the Board gives written authorization for earlier destruction. This applies to all records that pertain to transactions involving sales or use tax liability.
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