Sales and Use Tax Exemption Silicon technology-based industry transactions involving manufacturing or research equipment Purchases of machinery and equipment used by a new or expanding Florida business to manufacture, produce or process tangible personal property for sale Labor, parts and materials used in repair of and incorporated into machinery and equipment that qualify for sales tax exemption upon purchase (phased in over four years, 25% exempt on July 1, 1999) Electricity used in the manufacturing process (phased in over five years, 80% exempt on July 1, 1999) Aircraft parts, modification, maintenance and repair, sale or lease of qualified aircraft Commercial space activity - launch vehicles, payloads and fuel, machinery and equipment for production of items used exclusiv...
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