Form TC-721 is an exemption certificate for sales, use, and tourism taxes. The purchaser must be qualified under Utah Tax Code to receive such an exemption . The purchaser then completes the form to purchase items tax exempt. The supplier keeps and retains the completed exemption certificates. The supplier or retailer selling items or services to exempt customers is required to keep records verifying the non-taxable status of such sales.
Records are to be kept for a period of three years.
Your tax rate depends upon where you are doing business in Utah and the type of business you are conducting. Charges reflect the actual cost of shipping these particular goods by common carrier. The transportation charges are listed separately on the invoice. If the invoice does not indicate an FOB point, and a common carrier is used, it is assumed the terms are FOB origin. If you changed your business name or address without notifying the Tax Commission, your form may have been returned to us by the post office as undeliverable.