- A Colorado purchaser without a sales tax license can still claim a wholesale exemption by completing Form DR 5002 and giving it to the seller.
- Sellers bear the main burden of proving an exemption applies.
- Sellers may use the form as part of due diligence to document the exemption.
- Sellers should also verify the purchased items are reasonably for use in the buyer’s ordinary course of business.
Source: vitallaw.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
