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ECONOMIC ADVANTAGE
Empowerment Zone
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MANUFACTURING SALES TAX EXEMPTIONS

Eligible Businesses:
Any Manufacturing Company.
 
 
Program Summary:
Sales of machinery and equipment used by the purchaser directly and primarily in the production of tangible personal property are eligible for sales tax exemptions. In addition, items consumed or destroyed directly or primarily in production, and repair and replacement parts for qualified production equipment are also exempt from sales tax.
   
Program Valuation Example:
 
 
Investment Assumptions
Machinery and Equipment Investments
$60,000
Consumable Inventory Investments
$450,000
ROI & Program Valuation
State Sales Tax Liability
$25,500
Manufacturing Sales Tax Exemption
$25,500
Total Value of Manufacturing Sales Tax Exemptions:
$25,500
 


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