Who Qualifies? | Sales or Use Tax Credit


A qualified business may reduce taxes by the amount of sales tax paid or incurred on qualified property purchased for exclusive use in the Enterprise Zone. The credit is limited to the tax paid or incurred on the first $20 million of qualified property. Qualified property includes items such as machinery and machinery parts used to manufacture, process, assemble or fabricate a product.  For taxable years beginning on or after Jan. 1, 1998, qualified property also includes data processing and communications equipment.

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