Other Electronic Parts and Equipment Merchant Wholesalers
The merchant wholesale distribution of electronic parts and equipment (except electrical apparatus and equipment, wiring supplies, and construction materials; electrical and electronic appliances; and television sets and radios).
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What is SBA Size Standard?
The maximum number of employees a business can have to qualify as a "small business" for federal contracting and SBA loan programs.
What's Included
- ✓Blank compact discs (CDs) merchant wholesalers
- ✓Blank digital video discs (DVDs) merchant
- ✓wholesalers
- ✓Broadcasting equipment merchant wholesalers
- ✓Cellular telephones merchant wholesalers
- ✓Communications equipment merchant wholesalers
- ✓Modems and routers merchant wholesalers
- ✓Radar equipment merchant wholesalers
- ✓Teleconferencing equipment merchant wholesalers
- ✓Unloaded computer boards merchant wholesalers
Example Companies
- ●Arrow Electronics- Electronics distribution
- ●Avnet- Electronic components
- ●Digi-Key Electronics- Electronic parts
This Code is NOT For...
NAICS 423690 does not cover the following activities. Use the correct code instead:
Merchant wholesale distribution of household-type gas and electric appliances (except water heaters and heating stoves (i.e., noncooking)), room air-conditioners, clothes dryers, and/or household-type audio or video equipment
Merchant wholesale distribution of computers, computer peripheral equipment, and loaded computer boards
Merchant wholesale distribution of electrical construction materials, wiring supplies, electric light fixtures, light bulbs, and/or electrical power equipment for generation, transmission, distribution, or control of electric energy
Frequently Asked Questions
Yes. Most businesses operate under several NAICS codes. Your primary code should reflect your main source of revenue. You can list secondary codes for other business activities when registering with government agencies or applying for contracts.
Choose the NAICS code that represents your largest revenue source as your primary code. You can add secondary codes for other activities. For example, a restaurant that also offers catering would use Full-Service Restaurants as the primary code and Caterers as a secondary code.
NAICS codes do not directly determine your tax obligations. However, certain tax credits, deductions, and industry-specific regulations may reference NAICS codes to determine eligibility. Your actual tax liability depends on your business structure and activities, not your classification code.
No. The NAICS code on your EIN application is for statistical purposes only. You can update it if your business activities change. The IRS uses this information for economic analysis, not for determining your tax treatment.
You can update your NAICS code when filing your next business tax return or by contacting the IRS. For government contracts, update your code in SAM.gov. There is no penalty for changing codes as your business evolves or if you selected the wrong code initially.