Because DV411 caters primarily to professional video, film and television (post) production businesses, most of its California customers qualify for the California Teleproduction Exemption. The Regulation exempts qualified taxable transactions from the state portion of the sales tax which is 6.25% as of March 2011. For the City of Los Angeles, this makes the effective sales tax rate 3.5% rather than 9.75%. The savings on a $1,000 taxable item is then $62.50, and on $10K worth of taxable goods - $625. To qualify, fill out and sign Section 6378 (Blanket) Exemption Certificate and submit it to us prior to sale. Important. We recommend that you fill out page 2 of the Certificate (titled "Section 6378 Blanket Exemption Certificate") so that the Exempt status is permanently applied to your account with DV411 and the exemption is automatically applied to all future qualified sales. Fill out page 1 (titled "Section 6378 Exemption Certificate") if you only plan to make a one-time purchase under the exemption. Relevant information:
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California Teleproduction Exemption |