Exemptions

HB77 Personal Property Exemption Instructions

All tangible property is taxable, unless exemption is provided for by the Utah Constitution and enacted by the legislature. The Utah Legislature has exempted the following specific property and entities:

• Livestock and farm machinery and equipment
• Inventory held for resale in the normal course of business
• Household furnishings used exclusively at the owner’s home
• Property owned by any government entity
• Disabled veterans may qualify for an exemption based on percent of disability (Application required)
• Blind individuals are entitled to an $11,500 exemption (Exemption Application required)
• Religious institutions (Call 435-657-3190 for exemption application)
• Charitable organizations (Call 435-657-3190 for exemption application)
• Educational institutions (Call 435-657-3190 for exemption application)

An exemption for small business and a per-item exemption for equipment in certain classes are also available. Please contact the Personal Property Division for specific details.