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Sample EPRI Software Manual Style Requirements for Research Contractors Software Product ID # Software Manual, Month 2010 Cosponsor(s) Company name Address City, State, Zip Country (if not US) Project
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Utility and use refers to the taxation of the use of tangible personal property in a jurisdiction, typically when the property is purchased from another jurisdiction and brought into the state.
Individuals and businesses who purchase tangible personal property for use in a jurisdiction and do not pay sales tax at the time of purchase are required to file utility and use tax.
To fill out utility and use tax forms, you typically need to provide details about the purchased items, their value, the purchase date, and the jurisdiction of use. Specific forms vary by state.
The purpose of utility and use tax is to ensure that all purchases of tangible personal property are taxed fairly, especially when sales tax is not collected at the point of sale.
Information that must be reported includes the description of the property, the purchase dates, the purchase price, the jurisdiction where the property will be used, and any credits for taxes already paid.
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