Exemption on Manufacturing Equipment
Regulation 1525.4 allows businesses in manufacturing to purchase manufacturing equipment at reduced sales and use tax rate for purchases occurring on or after 7/01/14. The partial exemption was 4.185% for the period of 7/01/14 to 12/31/16 and then adjusted to 3.9375% on 1/01/17 through the end of the program. The exemption will be taken at