Tax Research Consultant Bulletins

Effective July 1st, 2016 Iowa Code 423.3(47)(a) now provides an exemption for manufacturers to purchase replacement parts for computers, machinery and equipment without paying Iowa sales and use tax.  Manufacturing supplies also now qualify for this exemption.  The legislation effecting this change has created new...

In accordance with Connecticut Agencies Regulations 12-412(34)-1 and Connecticut General Statutes 12-412(34), Connecticut offers a broad exemption for machinery used directly in a manufacturing production process. For the purposes of this exemption, a business must substantially alter raw or finished materials into a product possessing new...

Ready to Get Started? Speak with an Expert...