Sales and Use Tax Exemptions and Exclusions
Typical exemptions/exclusions which may apply to life sciences companies include:
- Computers
- Lab supplies used in R&D
- Machinery and equipment used in R&D
- Medical devices and equipment
- Software
- Technical books and journals
- Utilities used in R&D
Typical exemptions/exclusions which may apply to manufacturers include:
- Capital improvements
- Computer software delivered or accessed electronically
- Computers and software used in manufacturing processes
- Machinery and equipment repair parts
- Machinery and equipment used in manufacturing processes
- Packaging supplies
- Pollution control and recycling equipment
- Research and development machinery, equipment and supplies
- Utilities used in the manufacturing process
Typical exemptions/exclusions which may apply to the insurance sector include:
- Advertising/direct mail
- Capital improvements
- Software
- Sourcing of services
Typical exemptions/exclusions which may apply to the financial services sector include:
- Advertising/direct mail
- Capital improvements
- Data centers
- Software
- Sourcing of services
Typical exemptions/exclusions which may apply to retailers include:
- Advertising, including direct mail
- Capital improvements
- Bad debts
- Packaging
- Shipping and delivery charges
- Sourcing of services
- Computer software
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If you have any questions, we'd like to hear from you.
