Sales and use taxes [electronic resource] : the machinery and equipment exemption / Fred O. Marcus, Esq., Jordan M. Goodman, Esq. and Marilyn A. Wethekam, Esq. (Horwood, Marcus and Berk, Chtd., Chicago, Illinois).
" ... discusses sales and use tax incentives for machinery and equipment used in manufacturing operations. In general, most states offer some form of sales and use tax exemption for machinery and equipment that is used directly in manufacturing tangible personal property that is ultimately sold...
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| Online Access: |
Law Students, Faculty, and Staff (via Bloomberg Law) |
|---|---|
| Main Authors: | , , , |
| Other title: | Bloomberg Law online Bloomberg Law online. |
| Format: | Electronic Website |
| Language: | English |
| Published: |
Arlington, VA :
Tax Management,
[1996]-
|
| Series: | Tax management multistate tax portfolios ;
1330-3rd. |
| Subjects: |
Table of Contents:
- Detailed analysis. Introduction
- Who is a manufacturer?
- What is manufacturing?
- New and expanded plants
- Services to manufacturing machinery and equipment
- What property qualifies as machinery and equipment?
- Ingredients, components, consumables, energy
- Equipment in select industries
- Primary or exclusive use
- When is an item "used directly" in manufacturing?
- Conversion of property to a different use
- Documenting the exemption
- Working papers.