A New Exemption Certificate for Arizona
- Sales Tax News
- Jul 22, 2014 | Gail Cole
The Arizona Department of Revenue has created a new exemption certificate for use by utility companies seeking a deduction for the gross receipts from the sale of electricity and natural gas primarily used in manufacturing and smelting operations. The new certificate is for use only by Arizona manufacturers or smelters using at least 51% of the electricity or natural gas in their manufacturing or smelting operations (as defined by A.R.S. §42-5063).
Form 5014, Exemption Certificate for Electricity and Natural Gas Primarily Used in Manufacturing and Smelting Operations takes effect August 1, 2014. It must be properly completed by the buyer and provided to the seller at the time of purchase. Vendors are required to keep up-to-date exemption certificates on record.
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