The Hawaii G 17 form is a resale certificate used by businesses in Hawaii to certify that they are purchasing goods for resale rather than for personal use. This form enables purchasers to avoid paying sales tax on items they intend to sell, streamlining the transaction process between buyers and sellers. To ensure compliance with state tax laws, it is essential to fill out this form accurately and submit it to the seller.
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The Hawaii G 17 form is an essential document for businesses engaged in the sale of tangible personal property within the state. This resale certificate, issued by the Department of Taxation, serves a critical purpose: it allows purchasers to buy goods without paying sales tax, provided they intend to resell those items. The form requires specific information, including the name and address of both the seller and the purchaser, along with the purchaser's Hawaii Tax Identification Number. By completing this certificate, the purchaser certifies that they are operating under the General Excise Tax Law and outlines the nature of their business. It is important to note that the G 17 form remains valid until revoked in writing, covering all applicable purchases unless otherwise specified. Additionally, it highlights the responsibility of the purchaser to pay any additional taxes imposed on the seller related to these transactions. Understanding the nuances of this form can significantly benefit businesses looking to manage their tax obligations effectively while ensuring compliance with state regulations.
FORM G-17
STATE OF HAWAII — DEPARTMENT OF TAXATION
(REV. 2016)
RESALE CERTIFICATE FOR GOODS
GENERAL FORM 1
(PLEASE PRINT OR TYPE)
To
Name of Seller
Address of Seller
Date of this Certificate
City
State
Postal/ZIP Code
The undersigned hereby certifies the following under the penalties set forth in section 231-36, Hawaii Revised Statutes (HRS), as Purchaser or as an authorized agent or representative of the named Purchaser:
That the Purchaser is the holder of Hawaii Tax Identification No. GE __ __ __ -__ __ __ -__ __ __ __ - __ __ under the General Excise Tax Law and subject to the taxing jurisdiction of the State.
That the nature and character of the Purchaser’s business is:
That this Certificate, until revoked by notice in writing, shall apply to all purchases of tangible personal property which the Purchaser shall purchase from the Seller named above except those orders which the Purchaser specifies by notice in writing that this Certificate does not apply.
That all of the purchases of tangible personal property to which this Certificate applies:
are purchases for resale at retail or leases under Chapter 237, HRS; AND/OR
are purchases for resale at wholesale under Chapter 237, HRS;
That the Purchaser, pursuant to section 237-13(2)(F)(i), HRS, and section 18-237-13-02(d)(2)(B), Hawaii Administrative Rules, shall pay to the seller the amount of any additional tax imposed upon the seller with respect to any transactions covered by this certificate.
Name of Purchaser
Signature
Address of Purchaser
Print Name of Signatory
Title (Owner, Partner or Member, Officer, or Duly Authorized Agent)
Date
Seller should retain this Certificate for Seller’s files. Do NOT send to the Department of Taxation.
Filling out the Hawaii G 17 form is a straightforward process. This form serves as a resale certificate for goods, allowing purchasers to certify their eligibility for tax exemptions on certain transactions. After completing the form, the seller will keep it for their records and will not submit it to the Department of Taxation.
The Hawaii G 17 form is a Resale Certificate for Goods. It is used by businesses in Hawaii to certify that they are purchasing tangible personal property for resale. This form allows purchasers to avoid paying sales tax on items they intend to sell to customers.
The G 17 form must be filled out by purchasers who hold a Hawaii Tax Identification Number and plan to buy goods for resale. This includes retailers and wholesalers who need to prove that their purchases are exempt from sales tax due to their resale nature.
A business can obtain a Hawaii Tax Identification Number by registering with the Hawaii Department of Taxation. This can typically be done online or through a paper application. It is essential for businesses to have this number to complete the G 17 form.
The G 17 form requires several key pieces of information:
The G 17 form remains valid until it is revoked by the purchaser. The purchaser must provide written notice to the seller if they wish to revoke the certificate. This allows businesses to use the form for multiple transactions without needing to complete a new form each time.
Sellers should retain the G 17 form in their records. It is important for their files as proof that the sale was made for resale purposes. Sellers do not need to send the form to the Department of Taxation.
Yes, there are penalties for misusing the G 17 form. If a purchaser falsely claims that they are buying goods for resale, they may face legal consequences under section 231-36 of the Hawaii Revised Statutes. This can include fines or other penalties.
No, the G 17 form is specifically for tangible personal property. It cannot be used for services. Businesses that provide services should look for other applicable tax exemption forms if needed.
The G 17 form can be obtained from the Hawaii Department of Taxation’s website. It is available for download and can be filled out either online or printed for manual completion.
Failing to provide the Name of Seller and Address of Seller. This information is crucial for the validity of the certificate.
Not including the correct Hawaii Tax Identification Number. Ensure this number is accurate to avoid issues with tax compliance.
Leaving out the Date of this Certificate. This date is important for tracking the validity of the certificate.
Neglecting to specify the nature and character of the Purchaser’s business. This description helps clarify the purpose of the certificate.
Not checking the appropriate boxes regarding the type of purchases. Make sure to indicate whether the purchases are for retail or wholesale.
Using an incorrect or incomplete Signature. The signature must be from the Purchaser or an authorized representative.
Forgetting to include the Print Name of Signatory. This adds clarity and accountability to the certificate.
Not providing the Title of the person signing the certificate. This information is necessary to establish authority.
Submitting the certificate to the Department of Taxation. Remember, this form is for the seller’s files only.
Failing to retain a copy of the certificate for personal records. Keeping a copy is essential for future reference and compliance.
The Hawaii G 17 form, also known as the Resale Certificate for Goods, is a vital document for businesses engaged in the sale of tangible personal property. It allows purchasers to buy goods without paying sales tax, provided they intend to resell those items. Alongside the G 17 form, several other forms and documents are commonly utilized to ensure compliance with state regulations and facilitate smooth business operations. Here is a list of related documents that may be relevant.
Understanding these forms and documents can help businesses navigate the regulatory landscape in Hawaii effectively. Proper use of the G 17 form and its associated documents ensures compliance with tax laws, ultimately supporting smoother business operations and financial management.
The Hawaii G 17 form, known as the Resale Certificate for Goods, serves a specific purpose in the realm of taxation, particularly concerning the resale of tangible personal property. This form is similar to the IRS Form ST-3, which is a resale certificate used in many states. Like the G 17, the ST-3 allows a buyer to purchase items tax-free if they intend to resell those items. Both forms require the buyer to provide their tax identification number and certify their intention to resell, thereby ensuring that sales tax is not collected at the point of sale.
Another document that shares similarities with the Hawaii G 17 form is the California Resale Certificate (BOE-230). This certificate allows retailers in California to buy goods without paying sales tax, provided those goods will be resold. Much like the G 17, the California Resale Certificate requires the buyer to disclose their seller’s permit number and the nature of their business. Both documents are crucial for maintaining compliance with state tax laws while facilitating smoother transactions between sellers and buyers.
The New York State Resale Certificate (Form ST-120) is also comparable to the Hawaii G 17 form. This form permits purchasers to buy goods intended for resale without incurring sales tax. Similar to the G 17, the ST-120 requires the purchaser to affirm their tax identification number and the nature of their business. Both forms serve to protect sellers from tax liability on items that are resold, ensuring that tax is collected only when the final consumer makes a purchase.
In Illinois, the Resale Certificate (ST-4) functions similarly to the Hawaii G 17 form. This document allows businesses to purchase goods without paying sales tax if those goods will be resold in the regular course of business. Like the G 17, the ST-4 requires detailed information about the purchaser and their business activities. Both forms help streamline the purchasing process while ensuring compliance with state tax regulations.
The Texas Sales and Use Tax Resale Certificate is another document akin to the Hawaii G 17. This certificate enables Texas businesses to buy products for resale without paying sales tax upfront. Similar to the G 17, it requires the buyer to provide their Texas sales tax permit number and a description of the property being purchased. This mutual recognition of tax-exempt purchases helps facilitate commerce while ensuring that tax is appropriately applied at the final sale to consumers.
The Florida Resale Certificate is also relevant in this context. This document allows Florida businesses to purchase goods intended for resale without paying sales tax. Like the Hawaii G 17, the Florida Resale Certificate necessitates that the purchaser provide their sales tax registration number and affirm their intention to resell the items. Both forms are essential for businesses to navigate tax obligations efficiently and avoid unnecessary tax liabilities on resale transactions.
In Massachusetts, the Sales Tax Resale Certificate (Form ST-4) serves a similar purpose. This form allows buyers to purchase items without paying sales tax if those items are intended for resale. As with the G 17, the ST-4 requires the buyer to provide their tax identification number and a description of their business activities. Both documents aim to simplify the purchasing process while ensuring that tax compliance is maintained throughout the resale chain.
Lastly, the Pennsylvania Exempt Use Certificate (REV-1220) is comparable to the Hawaii G 17 form. This document allows purchasers to buy goods without paying sales tax if they plan to resell those goods. Similar to the G 17, the REV-1220 requires the buyer to provide their tax identification information and affirm their business intent. Both forms play a crucial role in protecting sellers from tax liability and ensuring that tax is only collected on final sales to consumers.
When filling out the Hawaii G 17 form, it’s important to be accurate and thorough. Here’s a list of things you should and shouldn’t do:
Following these guidelines will help ensure that your form is completed correctly and efficiently. If you have questions, consider reaching out to a professional for assistance.
Misconceptions about the Hawaii G 17 form can lead to confusion and improper use. Here are eight common misunderstandings:
Understanding the Hawaii G 17 form is essential for businesses engaged in the resale of goods. Here are key takeaways to keep in mind when filling out and using this form:
By following these guidelines, businesses can ensure compliance with Hawaii's tax regulations while facilitating smooth transactions. Proper use of the G 17 form can help streamline the resale process and avoid potential tax issues.