Show tokens to be used for sale tax july 1 regulations governing the use of sales tax tokens in the state of utah effective july 1 have been issued by the state tax commission under the alie laws passed by the 1937 legislature the vendor is made responsible for the collection of the sales tax item from the buyer in all cases the tax must be ad added tied to the sales price and collected as a separate item it will be considered a violation of the act chairman irwin arnovitz of the tax commission said for the vendor to absorb the tax or to consider that the tax Is included and collected as a part of the sales price next friday the state tax commission expects to receive a carload of sales tax tokens from an eastern manufacturer of the tokens will be of one mill denomination and 2500 ODO will be five mill denomination the sales tax tokens made of aluminum are of such shape and weight that they cannot be mistaken or used for coins the one mill token will be smaller than a one cent piece and the five mill token larger than a nickel and smaller than a quarter the one mill token represents the exact 2 per cent sales tax on five cents and the five mill token on sales of 25 cents on sales in excess of 50 cents where the sales tax becomes one cent state the regulations ions the tokens are to be used aed only to collect that part of the tax represented by a fractional part of one cent on a sale of the two per cent tax would be 5 3 10 cents or five cents and three one mill tokens where the tax falls between the even multiples of live ive f cents such as the tax on a purchase of seven or eight cents the state tax commission hopes vendors will collect as near as is possible and practical the correct due by comp computing the tax to the nearest even one mill on a sale of 0 seven cents one mill should be collected and on eight cents two mill tokens tokens wi will 11 be supplied to vendors at the state capitol or at branch offices of the state tax commission upon payment in cash the utah state bankers association t I 1 on recommends to member banks that they handle tokens as an accommodation to customers and to the tax commission |