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3.303 -Exemption for Materials, Tools, Fuels and Machinery Used in Research and Development
| Item | Description | FY2013 | FY2014 | FY2015 | FY2016 | FY2017 |
|---|---|---|---|---|---|---|
| 3.303 | Exemption for Materials, Tools, Fuels and Machinery Used in Research and Development
Materials, tools, fuels and machinery, including spare parts, used in research and development by certified manufacturing or research and development corporations are exempt from sales tax. Comment: This estimate includes sales /use tax exemption of $6.2 million for qualifying limited partnership engaged in research activities under Section 66 in St. 2014, c. 287. Origin: M.G.L. c. 64H, S. 6(r) and (s) Estimate: $81.2 |
61.7 | 65.4 | 73.7 | 77.8 | 81.2 |
Key:
| ORIGIN | |
| M.G.L. | Massachusetts General Laws |
|---|---|
| ESTIMATES | All estimates are in $ millions. |
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