A Texas C corp in engaged in the business of buying auto parts from Texas and other states in the US and selling it to a related entity in United Arab Emirates which in turn sells it to buyers in other countries. Can the Texas corporation use a resale certificate and not pay sales tax on its purchases? Does it still have to file sales tax returns in Texas to report sales from it's wholesale activity?
Does Texas corporation have to collect sales tax on exports made to the related entity in United Arab Emirates?
Also, as long as the price of the goods sold by the Texas corporation to the related entity outside the United states is an arms-length transaction, is it in compliance?
Does Texas corporation have to collect sales tax on exports made to the related entity in United Arab Emirates?
Also, as long as the price of the goods sold by the Texas corporation to the related entity outside the United states is an arms-length transaction, is it in compliance?