Revised Sales and Use Tax Exemption Forms
The Colorado Department of Revenue has published the simplified sales and use tax exemption forms in accordance with House Bill 22-1039.
Please note that the revised form DR 5002:
- Is designed for wholesale and exempt entity purchases, including manufacturers;
- Should not have copies for machinery and machine tools sent to the Department;
- Does not require you to collect new forms from existing customers; and
- Allows you to use a different form or format to collect the required information in your records.
You will need to re-check the validity of a sales tax license or state-issued exemption certificate after its expiration date, or if you have reason to doubt whether the previous verification is valid or applicable. For more information about sales tax exemptions, go to Sales & Use Tax Guidance Publications.