October is manufacturing month. Did you know that the Board of Equalization administers a tax exemption for manufacturing and research & development? Do you know whether you qualify?
“Millions of dollars in sales and use tax exemptions are going unclaimed,” said BOE Chairman Jerome E. Horton. “I would like to see more businesses engaged in manufacturing and research and development make use of this exemption to grow their operations and create more jobs for Californians.”
“The manufacturing sector is a vital part of California’s economy,” said Vice Chair George Runner. “We want to do everything we can to help manufacturers understand California’s tax laws and take advantage of the incentives available to them.”
Many business owners may qualify and not realize it. Now’s the time to find out. The BOE is sponsoring a webinar for businesses on Wednesday, October 21, 2015. It will explain how the sales tax exemption applies to manufacturing and research & development purchases or the construction of facilities where these activities take place.
During the event, participants will have an opportunity to ask questions via the email address provided during the webinar. Participants will receive an email at the start of the webinar reminding them to join the event.
To participate, you must register online by Tuesday, October 20, 2015. If you need assistance with online registration, please call 1-844-829-8353.
Event: Manufacturing and Research & Development Tax Exemption Webinar
Date: Wednesday, October 21, 2015
Time: 11:00 a.m. to noon
Like this:
Like Loading...
Related
REAL NAMES ONLY: All posters must use their real individual or business name. This applies equally to Twitter account holders who use a nickname.
0 Comments
You can be the first one to leave a comment.