Are you a Vermonter who has made a purchase on-line or through a catalog?
If so, you may owe the Vermont use tax. Use tax is imposed on a buyer at the 6% rate when the sellers do not collect the sales tax or the items are purchased from a source where no tax is collected. The following white paper outlines general guidelines for the application of use tax in the state of Vermont: http://www.dh-cpa.com/client_media/files/pdf/2014_UseTax.pdf
Davis and Hodgdon Associates CPAs has been assiting nonprofits, individuals and businesses with tax and accounting services in the Burlington Vermont Metro area for more than 20 years. If you have any questions or concerns please feel free to call 802.878.1963 or email [email protected].