
BOE Member George Runner
Board of Equalization Member George Runner announced a new law will take effect July 1, allowing manufacturers to receive a partial exemption of sales and use tax on certain purchases.
To provide information on the new tax exemption, Runner will host a telephone townhall for California’s manufacturers on Tuesday, July 1, at 10 a.m. The free event, co-hosted by the California Manufacturers and Technology Association, will also discuss other tax issues specific to the manufacturing industry.
“The manufacturing sector employs more than one million Californians and adds more than $200 billion to our economy every year,” said Runner. “My goal is to help manufacturers understand California’s complicated tax laws and ensure they are aware of the valuable new tax incentive available to them.”
Those wishing to participate may register online at boe.ca.gov/townhall or by calling 916-445-3032.
Individuals who pre-register will receive a telephone call at the start of the event inviting them to connect to the townhall. During the event, callers will have an opportunity to ask questions.
For more information on the manufacturing tax exemption, including which purchases qualify and how much tax is exempt, visit the Board’s Manufacturing Exemption webpage at boe.ca.gov/sutax/manufacturing_exemptions.
Elected in November 2010, George Runner represents more than nine million Californians as a member of the State Board of Equalization. For more information, visit www.boe.ca.gov/Runner.
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