Tax Exemptions
Prepare tax exemptions
For further guidance, review the following videos on providing tax exemption documentation:
Preparing for future bidding?
Submitting a Tax Exemption Prior to an Auction
Already purchased?
Submitting a Tax Exemption through Digital Checkout
Are you tax exempt?
Before you bid on items, provide us with some more information on your tax exemption status here. If approved, your future purchases of items which qualify for tax exemption will automatically have the associated taxes removed. Tax exemptions may take up to 1-2 business days to review and approve. If you have any questions specifically about the taxes charged on your invoice from which you ought to be exempt, or any further tax-specific questions, please contact us at +1-402-420-3719.
Purchasing for Agricultural Use?
Assets that are used solely for agricultural purposes will be removed with the Jurisdictional Ag Exemption. If you have purchased an asset that can be used for other purposes (e.g. air compressor, forklift, etc.) you will likely need an additional statement of use.
Please reach out to AskSupport@ritchiebros.com or +1-402-420-3719 for assistance.
FAQs
How do I know if my exemption has been approved?
You can review the status of your tax exemptions by visiting your Accounts > Tax Information page.
How will I know if my exemption form is rejected?
You will receive an email from a member of our tax team with next steps.
How do I know which exemption category to select?
After selecting the juridisction or state where the assets are located, you will confirm your tax information. After saving you be shown a list of available exemptions to select. Each type has a description, please select which applies to your purchase and exemption type.
Why does it say my exemption is approved but taxes are still on my invoice?
Some tax jurisdictions and/or asset types have additional requirements. Please reach out to our tax team and we will assist.
How long does it take for tax to be removed after submitting documents?
Taxes will be reviewed and removed from eligible assets within two business days. Please reach out to our tax team with further tax questions on your invoice.
Which state’s exemption form should I submit?
Select the state/s where your purchase/s are located. If you are submitting documentation prior to sale, select the states where the assets you’re interested in are located.
I am buying equipment to use in a non-taxable jurisdictions (i.e. export or NOMAD state). What do I need to do to remove taxes?
If you are transporting using a 3rd party common carrier and hauling to a tax-exempt jurisdiction, we can collect the bill of lading from your driver and adjust taxes.
Can I provide a Bill of Lading to my home state to be exempt?
A valid bill of lading plus a valid tax exemption for the destination state must be on file for taxes to be removed from eligible assets.
Bills of lading must include the following information
Date
Purchaser Name
Common carrier’s name, contact information, and address
Detailed asset information, including the asset description, serial numbers, and VINs
Destination address
Origin address
Motor Carrier number or DOT number
The driver’s signature
Can I reuse my exemption documents for future purchases?
Some states permit documents to be stored for customers with ongoing business relationships with Ritchie Bros. Choosing the ‘blanket exemption’ option retains your documents for future use, whereas a one-time exemption makes this document available for just this transaction.
You can view the status of your exemptions by visiting Accounts > Tax Information.
Do I have to upload my tax documents every time I buy something?
No, but purchasing items from different states requires different exemption documentation for each state. An exemption for the state in which the item is sold is required.
Why was only part of the tax removed from my invoice?
Each state jurisdiction has tax laws indicating what is exempt. Please contact us if you feel an adjustment needs to be made.
Why do I need to submit additional forms like Statement of Use or Resale?
In general resale exemptions apply to items purchased to be resold in one's normal course of business without any intervening use. Since we sell a wide variety of assets to buyers in various industries, we may request additional documentation to clarify the exemption you wish to claim.