Florida: Sales Tax Exemption for Industrial Machinery, Equipment, April 30, 2014
- May 8, 2014 | Gail Cole
Update, 5.9.14: Governor Scott is celebrating the elimination of Florida sales and use tax on manufacturing and equipment.
The Florida Department of Revenue reminds that there is a new exemption from Florida sales and use tax in effect, as of April 30, 2014.
The exemption long sought by Governor Rick Scott (R) applies to “purchases of industrial machinery and equipment used at a fixed location in Florida by an eligible manufacturing business that will manufacture, process, compound or produce for sale items of tangible personal property.” Included in the exemption are “parts and accessories for the industrial machinery and equipment if they are purchased before the date the machinery and equipment are placed in service.”
Many types of manufacturing are eligible for the exemption, including:
- Apparel
- Chemical
- Food
- Furniture
- Metal
- Paper
- Pharmaceutical
- Plastic
- Printing
- Rubber
- Transportation
- Wood
Exemption Certificate
The buyer should furnish the seller with a properly completed exemption certificate to ensure the buyer qualifies for the exemption. An example of an appropriate exemption certificate, along with additional information, is available on the Florida Department of Revenue website
This exemption is currently scheduled for repeal on April 30, 2017.
How does your business handle sales tax exemptions?
