Letter of Good Standing

• General Information
• Requesting a Letter of Good Standing
• Requirements
• Processing Time Expectations
• See Also – Tax Clearance

General Information

A Letter of Good Standing provides verification that your business is current in all of its required tax filings and payments.  Additionally, if you are selling a business, the purchaser may request that you provide to them a Letter of Good Standing for a Successor in Business.  There is no fee for this letter.

The Utah Department of Commerce no longer accepts a Letter of Good Standing to reinstate a corporation that was involuntarily dissolved.  The Department of Commerce will contact the Tax Commission directly for verification of a corporation’s good standing as part of their own reinstatement process.  Contact the Department of Commerce by phone at #801-530-4849 or by email at corpucc@utah.gov for information on how to reinstate your corporation.

Requesting a Letter of Good Standing

To request a Letter of Good Standing, complete form TC-42, Application for a Letter of Good Standing. To request a Letter of Good Standing to sell your business, complete form TC-42S, Application for a Letter of Good Standing for a Successor in Business.

You can submit the form in one of the following ways:

• Online at Taxpayer Access Point (TAP) under the Business section – tap.utah.gov
• Fax – 801-297-7699
• In person at any Tax Commission office
• Mail to:

Please note: If the business has not filed all required returns, has either not paid a tax liability, or is not current on a payment plan, we will reject your request and mail you a letter explaining what you must do to become in good standing. If you have questions, please call the Tax Commission at 801-297-2200 or 1-800-662-4335 (toll free outside the Salt Lake area).

Utah State Tax Commission, Tax and Revenue, 210 North 1950 West Salt Lake City, Utah 84134-7000

Requirements

To qualify for a Letter of Good Standing, the business must be current on all tax returns and tax payments, including penalties and interest from the time registered to do business with the Utah Department of Commerce to do business in Utah.

Processing Time Expectations

A Letter of Good Standing is usually issued within ten days after the request is verified.