| If you are selling tangible property only to businesses that will resell the items, you need a wholesaler’s license from the Department of Revenue. A retail tax license allows you to sell both wholesale and retail. A wholesale tax license ONLY allows you to sell wholesale. Wholesalers must obtain a standard sales tax license and pay the $16 license fee, but are not required to pay the $50 deposit.
Businesses registered as wholesalers will receive one return in December with which to remit any taxes collected during the year on limited retail sales. See FYI Sales 9, Sales Tax Licenses.