Vermont Authentication and Exemption is a process used by the state of Vermont for customers who wish to purchase items that are exempt from the Vermont Sales and Use Tax. This includes items such as groceries, medical equipment, and prescription drugs. The process consists of customers obtaining a valid exemption certificate from the state of Vermont, which must be presented to the seller before the purchase is made. The certificate must include the customer’s name, address, and signature, as well as a description of the item being purchased and the purpose for which it is being purchased. The two types of Vermont Authentication and Exemption are Certificate of Residency and Certificate of Exempt Use. A Certificate of Residency is issued to Vermont residents who are purchasing items that are subject to the Vermont Sales and Use Tax. A Certificate of Exempt Use is issued to non-residents who are purchasing items that are exempt from the Vermont Sales and Use Tax.
Vermont Authentication and Exemption
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FAQ
Recipients of Social Security benefits may be exempt from Vermont tax on part or all of their benefits. If you had Social Security benefits that were taxable in the current tax year as shown on your federal Form 1040, U.S. Individual Income Tax Return, then you may qualify for a Vermont exemption.
Product-based Exemption An item is exempt from tax based on the product type or category. Tangible personal property in this category is exempt from sales tax regardless of who purchases the product or how it will be used. For example, drugs intended for human consumption is a product-based exemption.
If your business is selling tangible personal property (TPP) that is taxable in Vermont, you must charge, collect, and remit sales tax to the Vermont Department of Taxes. Be sure to post your Vermont license authorizing you to collect sales tax in a place where customers can see it.
Vermont Sales Tax is charged on the retail sales of tangible personal property unless exempted by law. The sales tax rate is 6%.
Retaining the Exemption Certificate Sellers must retain exemption certificates for at least three years from the date of the last sale covered by the certificate to document why the tax was not collected from the buyer.
General Guidelines CLOTHING - EXEMPT. CLOTHING ACCESSORIES OR EQUIPMENT ? TAXABLE. FOOD, FOOD PRODUCTS, AND BEVERAGES - TAXABLE. GROOMING AND HYGIENE PRODUCTS - TAXABLE. MEDICAL EQUIPMENT AND SUPPLIES - EXEMPT. OVER-THE-COUNTER DRUGS - EXEMPT. PROTECTIVE EQUIPMENT ? TAXABLE. SPORTS OR RECREATIONAL EQUIPMENT ? TAXABLE.
Vermont Property Tax Breaks for Retirees For 2022, senior homeowners with 2021 household income of $136,900 or less may qualify for a property tax credit of up to $8,000.
Vermont sales tax on clothing Most clothing and footwear sales are exempt from Vermont sales and use tax. However, sales and use tax applies to clothing accessories and equipment.