A tax-exempt number must be obtained if you are a business owner or organization that is exempt from paying Utah’s sales tax. A sales tax license, exemption certificate, or resale certificate are other names for this number. We’ll go through the procedures for obtaining a tax-exempt number in Utah, how to complete a TC-721 form, what items are exempt from Utah sales tax, and whether or not you require a resale certificate in this post. Step-by-Step Instructions for Getting a Tax-Exempt Number in Utah
2. Apply for a Utah State Tax Identification number. On the website of the Utah State Tax Commission, there is a TC-69 form that you can use to accomplish this.
3. Finish filling out Form TC-721. To apply for a sales tax license or exemption certificate, utilize this form. The form is available on the website of the Utah State Tax Commission. Information like your company name, address, and the basis for your exemption will be requested on the form.
4. Submit the TC-721 form you’ve finished. The form can be submitted online or by mail. You will receive your tax-exempt number instantly if you submit it online. It can take up to two weeks to get your tax-exempt number if you mail it in.
– Name and location of the company
– Justification for exemption – Utah State Tax Identification Number – NAICS code (if relevant) – Utah Sales Tax account number (if applicable) – Authorized representative signature What in Utah is exempt from paying sales tax? In Utah, a number of common items are free from sales tax, including: – Home consumption food – Prescription medications – Tools for the medical industry
– Tools for agriculture
– Tools for manufacturing
– Fuel utilized for certain purposes
Visit the website of the Utah State Tax Commission for a comprehensive list of things that are free from sales tax in Utah. In Utah, do you require a resale certificate?
In Utah, you’ll need a resale certificate if you intend to sell something again. If you want to resale the items you purchase, this certificate entitles you to do so without paying sales tax. The same procedures as for obtaining a tax-exempt number must be followed in order to obtain a resale certificate, but you must specify this on the TC-721 form.
In conclusion, registering for a Utah State Tax ID number and completing the TC-721 form are required in order to receive a tax-exempt number in Utah. A resale certificate is also required if you intend to resell products. For a complete list of things that are exempt from Utah’s sales tax, keep in mind to check the website of the Utah State Tax Commission.
With the use of a Utah resale certificate, a company can buy products to resell without having to pay sales tax. It is also referred to as a resale license or a tax-exempt certificate.
You must submit an application for a sales tax license with the Utah State Tax Commission in order to get a resale certificate there. You will receive a sales tax license, which contains your resale certificate, if your application is accepted. A sales tax license application can be submitted by mail or online through the website of the Utah State Tax Commission. You must agree to abide with Utah’s sales tax laws and regulations and submit some basic information about your company.