For tax exemption purposes, Utah retailers and resellers may need to complete a resale certificate. You can buy goods or services that you want to resell without paying sales tax if you have a Utah resale certificate. We will walk you through the process of filling out a Utah resale certificate in this article.
Step 1: Save the Utah Resale Certificate on your computer. The Utah resale certificate must first be downloaded from the Utah State Tax Commission website. The resale certificate is provided in a fillable PDF version, so you can either print it off and fill it out by hand or finish it on your computer.
You must provide your business details, such as your legal business name, address, and tax identification number, in the top portion of the resale certificate. When entering the data, be careful to do it precisely as it does on your Utah sales tax license.
Step 3: Identify the Items You Plan to Sell You must include your intended resale items in the following part of the resale certificate. The vendor’s Utah sales tax license number and the name of the good or service you intend to purchase should be mentioned.
Step 4: Adhere a date and sign the certificate To confirm that the data you have supplied is true and comprehensive, you must sign and date the resale certificate. Remember that the resale certificate is only good for the things specified on it, and that you must present a fresh certificate for each acquisition.
Before you may get a resale certificate, you must apply for a Utah sales tax license if you don’t already have one. Fill out the Utah State Tax Commission form TC-69 and submit it electronically or by mail to apply for a sales tax license. After receiving your sales tax license, you can fill out the Utah resale certificate as outlined above by downloading it from the Utah State Tax Commission website.
To sum up, completing a Utah resale certificate is a quick and easy process that can help you avoid paying sales tax. Before requesting a resale certificate, make sure your Utah sales tax license is up to date. You should also always submit a fresh certificate for each acquisition. You can seek help from the Utah State Tax Commission if you have any inquiries concerning the resale certificate or the sales tax license.