Minnesota Sales and Use Tax: Equipment Exemption Enacted

Minnesota Sales and Use Tax: Equipment Exemption Enacted

DALLAS, March 27, 2014 /PRNewswire/ -- Minnesota Governor Mark Dayton signed legislation that exempts sales and purchases for telecommunications or pay television services machinery and equipment from sales and use tax effective April 1, 2014. The machinery and equipment must be purchased or leased for use directly by a telecommunications or pay television services provider and be used primarily in the provision of telecommunications or pay television services that are ultimately to be sold at retail regardless of whether purchased by the owner, a contractor, or a subcontractor.

H.F. No. 1777, which amends Minnesota Statutes 2012, section 297A.68, supersedes H.F. 677, which repealed a similar exemption effective for sales and purchases made after June 30, 2013. The exemption does not apply to wire, cable, fiber, poles, or conduit for telecommunications services.

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