INCENTIVE DESCRIPTION

State:	CA
Incentive Type:	Sales and Use Tax Incentives
Incentive Title:	Sales Tax Exemptions
Description:	PARTIAL SALES OR USE TAX EXEMPTION: California provides new or start up companies the option of a 5% partial sales or use tax exemption on all qualifying manufacturing property purchased or leased generally during first 3 years of operation.
Eligibility Requirements:	Purchases eligible for an exemption include tangible personal property used in manufacturing, processing, refining, fabricating or recycling.
Geographic Restrictions:	Statewide
Granting Authority:

The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.