Sales and Use Tax Disclosures / Notice Requirements by State for Nexel Industries Inc.
Customers purchasing from Nexel Industries Inc. ("Nexel Industries") and shipping to Oklahoma, Vermont, Colorado, or Kentucky may have additional tax requirements.
|Oklahoma||Nexel Industries is not required, and does not collect Oklahoma sales or use tax; The purchase is subject to Oklahoma use tax unless it is specifically exempt from taxation; The purchase is not exempt merely because it is made over the Internet, by catalog, or by other remote means; The State of Oklahoma requires Oklahoma purchasers to report all purchases that were not taxed and pay tax on those purchases. The tax may be reported and paid on the Oklahoma individual income tax return [Form 511] or by filing a consumer use tax return. [Form 21-1]; The referenced forms and corresponding instructions are available on the Oklahoma Tax Commission website, www.tax.ok.gov.|
|Vermont||Nexel Industries is not required to collect, and does not collect, Vermont sales and use tax. The purchase is subject to state use tax unless specifically exempt. The purchase is not exempt merely because the purchase is made over the Internet, by catalog, or by other remote means. The state requires each Vermont purchaser to report any purchase that was not taxed and to pay tax on the purchase. The tax may be reported and paid on the Vermont use tax form. The use tax form and corresponding instructions are available on the Department of Taxes website.|
|Colorado||Colorado HB 1193, enacted in February 2010, requires online retailers to provide a detailed purchase report to customers with more than $500 of annual Colorado purchases by January 31 and to provide a summary purchase report with the total amount of each customer's annual Colorado purchases to the Colorado Department of Revenue by March 31. This law is currently the subject of a legal challenge brought by the Direct Marketing Association and others. In the meantime, the U.S. District Court has suspended enactment of the law while the legal challenge proceeds|
|Kentucky||Nexel Industries is not required to and does not collect Kentucky sales or use tax. The purchase may be subject to Kentucky use tax unless the purchase is exempt from taxation in Kentucky. The purchase is not exempt merely because it is made over the Internet, by catalog, or by other remote means. The Commonwealth of Kentucky requires Kentucky purchasers to report all purchases of tangible personal property or digital property that are not taxed by the retailer and pay use tax on those purchases unless exempt under Kentucky law. The tax may be reported and paid on the Kentucky individual income tax return or by filing a consumer use tax return with the Kentucky Department of Revenue. These forms and corresponding instructions may be found on the Kentucky Department of Revenue's Internet Web site.|