What is the effective date of the advance sales tax repeal?
Effective January 1, 2009, Revised Statute 47:306(B) will be repealed and resale dealers will no longer be required to pay state sales tax on tangible personal property purchased for resale. Resale dealers will not be required to apply for a sales tax exemption certificate and “W” numbers will no longer be issued or renewed. Dealers that purchase items for resale will be required to provide their vendors with a Louisiana Resale Certificate, Form R-1042, to certify that the items being purchased are for resale and no sales tax will be charged.
