11.1 — Insufficient Funds
It is the responsibility of each Representative to ensure that there are sufficient funds or credit available in his or her account to cover any monthly Automatic Re-order (Autoships and Business Center fees). ITV will not contact Representatives in regard to orders or services cancelled due to insufficient funds or credit. With Autoships, this may result in a Representative’s failure to meet his or her Personal Volume requirements for the month.
11.2 — Returned Checks
All checks returned by a Representative’s bank for insufficient funds will be re-submitted for payment. Any outstanding balance owed to ITV by a Representative for NSF checks and returned check fees will be withheld from subsequent bonus and commission checks.
11.3 — Restrictions on Third Party Use of Credit Cards and Checking Account Access
Representatives shall not permit other Representatives or customers to use his or her credit card, or permit debits to their checking accounts, to enroll or to make purchases from the company.
11.4 — Sales Taxes
In designing the ITV opportunity, one of our guiding philosophies has been to free Representatives from as many administrative, operational, and logistical tasks as possible. In doing so, Representatives are free to concentrate on those activities that directly affect their incomes, namely product sales and enrollment activities. To these ends, ITV relieves Representatives of the burdens of remitting sales taxes, filing sales tax reports, and keeping records relative to sales taxes. Representatives must, however, insure that they collect the proper sales taxes when payment for product orders is made by customers. If you are unsure of the applicable sales tax rate in a locality in which you are making a sale, please contact the local or state taxing authority for assistance.
By virtue of its business operations, ITV is required to charge sales taxes on all applicable purchases made by Representatives and customers, and remit the taxes charged to the respective states. Accordingly, ITV will remit sales taxes on behalf of Representatives, based on the price of the products, according to applicable tax rates in the state or province to which the shipment is destined. If a Representative has submitted, and ITV has accepted, a current Sales Tax Exemption Certificate and Sales Tax Registration License, sales taxes will not be added to the invoice and the responsibility of collecting and remitting sales taxes to the appropriate authorities shall be on the Representative. Exemption from the payment of sales tax is applicable only to orders which are shipped to a state or province for which the proper tax exemption papers have been filed and accepted. Applicable sales taxes will be charged on orders that are drop-shipped to another state/province. Any sales tax exemption accepted by ITV is not retroactive.
The taxability of products and sales tax rates differ by state. Additionally, an increasing number of local taxes (county and city) are being initiated throughout the country. It is the responsibility of each Representative to know what products are taxable and at what rate. Again, if you have questions regarding taxability and rates, contact your state or local department of revenue for assistance.
Friday, June 15, 2007
ITV Ventures Payment and Shipping
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