Manufacturers often buy expensive stuff, including the enormous pieces of machinery and equipment necessary to efficiently run their production processes.
In almost every state, manufacturers can purchase at least some items to be used in the production process free of sales tax or possibly subject to a reduced rate.
- Where do manufacturing exemptions apply?
- What qualifies as manufacturing?
- What items qualify?
- Does the newness of the plant make a difference?
- How fully does it need to be utilized?
- Does useful life matter?
- Putting it all together
Source: SOVOS
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