| Description: |
1. SALES TAX EXEMPTIONS: Purchasers of tangible personal property, public utility services, renters of room or other accommodations for less that 30 days, and renters of other property pay a 6% sales tax on the sales price of the taxable transaction.
Exemptions include wholesale sales; purchases of items used directly in the production process, including raw materials, machinery, tools and equipment directly used production; any sale of goods for resale; sales made in interstate commerce; power, electricity, and gas if 51% of the load is used for manufacturing; pollution abatement equipment if required by federal, state, or local law; and, sales to government entities. Generally food, not including such items as candy, soft drinks or restaurant meals, and prescription drugs are also exempt.
2. MOTION PICTURE PRODUCTION EXEMPTION: Exemption becomes effective January 1, 2007. Motion picture equipment is exempt from the state gross retail tax as long as the equipment is used for motion picture production in the state of Indiana. This includes all preproduction, production and post production activity. |
| Eligibility Requirements: |
2. Motion picture production includes a feature length film, including a short feature or a documentary, or a TV series. Obscene motion pictures or television coverage of news or athletic events are not included. The exemption also does not include food and beverage service, vehicles or other modes of transportation, fuel, parts and suppliesor other consumerables used by the vehicles, lodging and packaging materials. |
