Business Personal Tax Exemptions

Qualifying Establishments

Five-year manufacturing exemption for new or expanded facilities - Facilities which qualify engage in mechanical or chemical transformation of materials or substances into new products. Establishments which typically meet these requirements:
  • Establishments classified under Division D of the Standard Industrial Classification (SIC) manual.
  • Repair and replacement facilities primarily engaged in aircraft repair, building and rebuilding.
  • Establishments engaged in computer services and data processing with a larger percentage of annual gross revenues from the sale of their product or service to an out-of-state buyer.
  • Establishments primarily engaged in distribution with a capital investment of ($5,000,000) or more and at least 100 full - time-equivalent employees.
  • Any new, acquired or expanded automotive final assembly manufacturing facility which meet certain expansion requirements.