Model 2 seller definition

Model 2 seller means a seller registered under the agreement that:
Model 2 seller means a seller that has selected a CAS to perform part of its sales and use tax functions, but retains responsibility for remitting the tax.
Model 2 seller means a seller that:

Examples of Model 2 seller in a sentence

  • 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.

  • The CAS calculates tax based upon a code assigned to each product sold by the Model 2 seller.

  • A Model 2 seller will receive relief of liability as provided by the SSUTA and the CAS Provider Contracts.

  • All Material Contracts are valid and binding on the Company and its Subsidiaries and, to the Knowledge of the Company, on each other party thereto, and are in full force and effect.

  • Model 2 seller" means a seller that has selected a CAS to perform part of its sales and use tax functions, but retains responsibility for remitting the tax.


More Definitions of Model 2 seller

Model 2 seller means a seller that has selected a
Model 2 seller means a seller that has selected a CAS to perform part of its sales and use tax
Model 2 seller means the same as that term is defined in Section 59-12-102.
Model 2 seller means a seller that has selected a certified
Model 2 seller means a seller registered under the
Model 2 seller means a seller registered under the Agreement that has selected a CAS to perform
Model 2 seller means a seller registered under the agreement that: 1424 (a) except as provided in Subsection (72)(b), has selected a certified automated system 1425 to perform the seller's sales tax functions for agreement sales and use taxes; and 1426 (b) retains responsibility for remitting all of the sales tax: 1427 (i) collected by the seller; and 1428 (ii) to the appropriate local taxing jurisdiction. 1429 (73) (a) Subject to Subsection (73)(b), "model 3 seller" means a seller registered under 1430 the agreement that has: 1431 (i) sales in at least five states that are members of the agreement; 1432 (ii) total annual sales revenues of at least $500,000,000; 1433 (iii) a proprietary system that calculates the amount of tax: 1434 (A) for an agreement sales and use tax; and 1435 (B) due to each local taxing jurisdiction; and 1436 (iv) entered into a performance agreement with the governing board of the agreement. 1437 (b) For purposes of Subsection (73)(a), "model 3 seller" includes an affiliated group of 1438 sellers using the same proprietary system. 1439 (74) "Model 4 seller" means a seller that is registered under the agreement and is not a 1440 model 1 seller, model 2 seller, or model 3 seller. 1441 (75) "Modular home" means a modular unit as defined in Section 15A-1-302. 1442 (76) "Motor vehicle" means the same as that term is defined in Section 41-1a-102. 1443 (77) "Oil sands" means impregnated bituminous sands that: 1444 (a) contain a heavy, thick form of petroleum that is released when heated, mixed with 1445 other hydrocarbons, or otherwise treated; 1446 (b) yield mixtures of liquid hydrocarbon; and 1447 (c) require further processing other than mechanical blending before becoming finished 1448 petroleum products. 1449 (78) "Oil shale" means a group of fine black to dark brown shales containing kerogen 1450 material that yields petroleum upon heating and distillation. 1451 (79) "Optional computer software maintenance contract" means a computer software 1452 maintenance contract that a customer is not obligated to purchase as a condition to the retail 1453 sale of computer software.