Examples of Model 1 seller in a sentence
Model 1 seller means a seller that has selected a certified service provider as its agent to perform all the seller’s sales and use tax functions, other than the seller’s obligation to remit tax on its own retail purchases.
The comptroller may adopt rules relating to the administration and collection of the sales and use tax as necessary to comply with the agreement, including rules establishing the requirements for a seller to be a Model 1 seller, Model 2 seller, or Model 3 seller.
During such period, a certified service provider has, and is subject to, all of the rights, liabilities, duties and responsibilities imposed by this title as if it were the Model 1 seller for whom the certified service provider has agreed to perform all sales and use tax functions, except the Model 1 seller’s obligation to remit tax on its own purchases.
A Model 1 seller that is a “volunteer” for purposes of CSP Compensation (Allowance indicator Y) will receive relief of liability as provided by the SSUTA and CSP Contracts.
Model 1 seller" means a seller that has selected a certified service provider as its agent to perform all the seller's sales and use tax functions as outlined in the contract between the streamlined sales tax governing board and the certified service provider, other than the seller's obligation to remit tax on its own purchases.