Florida Company Whose Output Increases by at Lease 10% Eligible for Exemption

A project being conducted at a company qualified for the expanding business exemption from Florida sales/use tax. The Company met the requirements for the exemption, including submission of an Application for Temporary Tax Exemption and providing proof that the output of products produced at the facility increased by at least 10%. In meeting the 10% increase threshold, output from another of the Company’s facilities was not included since it operated independently and no work in process was transferred from one facility to the other. (Technical Assistance Advisement, No. 07A-003, Florida Department of Revenue, February 27, 2007)

Posted on July 5, 2007