DOR Decides Repair Parts Included in AIM/TRIM Exemption

September 11, 2007 - The Department of Revenue has decided parts purchased for use on machinery and equipment that is entitled to the AIM/TRIM Manufacturing Inputs sales tax exemption would also be exempt. As such, the purchase of such parts will be exempt from state sales tax and state and local use taxes.

Many taxpayers may recall previous administrations of the Department of Revenue that forced taxpayers to seek and eventually obtain a legislative change to include parts in the original manufacturing machinery and equipment exemptions. The decision by this administration to treat parts the same as the machinery and equipment to which it is attached is refreshing.

See articles below for additional details regarding the exemption that have been provided by the Department of Revenue.