TITLE

Frequently Asked Multistate Tax Questions

PUB. DATE
January 2005
SOURCE
Journal of State Taxation;Winter2005, Vol. 23 Issue 3, p57
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article explains that in order to qualify for the sales and use tax manufacturing exemption in U.S. states, machinery and equipment must be utilized directly in producing tangible products for sale or profit. Generally, direct use means that the machine must have come into contact with, acted upon or be involved with the raw material for the item to be produced.
ACCESSION #
19487653

 

Related Articles

  • Tax Update. Reynolds, Bob // California CPA;Jun2009, Vol. 77 Issue 10, p14 

    The article focuses on new tax laws that will take effect in California in 2009 or deferred to 2011. The state sales and use tax rate increase will be extended through June 30, 2012. The state Vehicle License Fee will increase from 0.65 percent to 1.15 percent effective May 19, 2009. The...

  • Missouri's Manufacturing Exemption Applies to Manufacturers of Intangible Products and Services. Liming Yuan // Venulex Legal Summaries;2006 Q2, p1 

    The article focuses on the ruling of the Missouri Supreme Court that manufacturing equipment used to provide various telephone services are not subjected to sales and use taxes based on the manufacturing exemption policy. The Court applied the integrated plant doctrine to distinguish the meaning...

  • Colorado and Michigan. Laplante, Crystal // Journal of State Taxation;Summer2000, Vol. 19 Issue 1, p31 

    Reports on developments in sales and use taxes in Colorado and Michigan as of July 2000. Sales and use tax exemption for purchases of farm equipment; Authority of the Colorado Department of Revenue to issue direct payment permits to qualified purchases; Exemptions for tangible personal property...

  • Indiana and Washington. Soltys, Mark // Journal of State Taxation;Summer2000, Vol. 19 Issue 1, p50 

    Reports on developments in sales and use taxes in Indiana and Washington as of July 2000. Exemption from sales and use tax on conference room rentals and meals purchased under a management contract for performance of a government function; Manufacturing machinery and equipment exemption refund...

  • Kentucky and Ohio. Yee, Kelly S.V. // Journal of State Taxation;Summer2000, Vol. 19 Issue 1, p55 

    Reports on developments in sales and use taxes in Kentucky and Ohio as of July 2000. Exemption from sales and use tax for water sold to persons engaged in the business of farming and in the production of crops; Ruling of the Ohio Supreme Court that food that is eaten in food-court areas of...

  • Oklahoma and Wisconsin. Yan, Warren S. // Journal of State Taxation;Summer2000, Vol. 19 Issue 1, p59 

    Reports on developments in sales and use taxes in Oklahoma and Wisconsin as of July 2000. Exemption from sales and use tax for sales of tangible personal property or services to a municipality, county or school district pursuant to a lease-purchase agreement; Exemption of charges associated...

  • Alabama and Texas. Satran, Tim // Journal of State Taxation;Summer2000, Vol. 19 Issue 1, p66 

    Reports on developments in sales and use taxes in Alabama and Texas as of July 2000. Revisions relating to utility receipts tax and cellular telecommunications services tax in Alabama; Exemption from sales taxes for drugs and medicines from sales and use tax when they are sold or dispensed...

  • Exemptions and Exclusions from Ohio Sales and Use Tax. Thompson, Allan R. // Ohio CPA Journal;Oct-Dec99, Vol. 58 Issue 4, p10 

    Provides the practitioner with basic awareness of the four exemptions and exclusions from sales and use tax in Ohio. Manufacturing exemption; Research and development exemption; Packaging exemption; Resale exemption.

  • WASHINGTON.  // Sales & Use Tax Alert;4/1/2011, Vol. 21 Issue 6, p7 

    The article reports that a sales and use tax advisory issued by the Washington Department of Revenue specifies the type of equipment considered server equipment eligible for a data center exemption and that Washington has introduced legislation prohibiting nonresidents residing in a jurisdiction...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics