Illinois Manufacturing Machinery and Equipment Regulation Updated

An Illinois sales and use tax statute has been amended to include production-related tangible personal property in an exemption covering manufacturing and assembling machinery and equipment. The emergency amendment applies to property purchased on or after July 1, 2007, and on or before June 30, 2008 (Title 86 Part 130 Section 130.330, Illinois Department of Revenue)

Posted on June 30, 2008