1) The document provides an overview of sales and use tax requirements for businesses, including definitions of key terms like sales tax, use tax, and tangible personal property. 2) It outlines the basic requirements for businesses, such as obtaining a seller's permit, being engaged in business, and selling tangible personal property. 3) The document also discusses how to apply sales tax correctly, handle resale certificates, file tax returns, and addresses the audit process.

1. Sales and Use Tax Basic Information to Protect Your Company Presented by Michael A. Kochis Presented November 9, 2006

2. Disclaimer This program presents introductory information about general sales and use tax requirements. It is not a substitute for competent tax and/or legal advice when dealing with the complexities of complying with the various state sales and use tax statues for your individual business.