INCENTIVE DESCRIPTION

State: ND
Incentive Type: Sales and Use Tax Incentives
Incentive Title: Sales Tax Exemptions
Description: 1. MANUFACTURING EQUIPMENT: A new or expanding plant may exempt machinery or equipment if it is used primarily for manufacturing or agricultural processing or recycling. 2. COMPUTER AND TELECOMMUNICATIONS EQUIPMENT: For primary sector businesses other than manufacturers and recyclers, an exemption is allowed for purchases of new computer and telecommunications equipment that are an integral part of the business or a physical or economic expansion of the business. The exemption does not extend to the purchase of replacement equipment. 3. AGRICULTURAL PROCESSING PLANT CONSTRUCTION MATERIALS: Construction materials used to construct an agricultural processing facility are exempt from sales and use taxes. 4. WIND-POWERED ELECTRICAL GENERATING FACILITIES: An exemption is allowed for purchasing building materials, production equipment, and other tangible personal property used in the construction of wind-powered electrical generating facilities between July 2001 and January 2011. 5. ADDITIONAL EXEMPTIONS for all businesses include water, electricity, interstate communications over phone lines, a natural gas rate discounted to 2%, and, for technology-based businesses, a computer and telecommunications equipment exemption.
Eligibility Requirements: 1. The expansion must increase production volume, employment, or the types of products that can be manufactured or processed. 2. The equipment must be an integral part of a new primary sector business or create an economic expansion of an existing business and must be certified by the Department of Commerce. 3. The processor must apply to the State Tax Commissioner for a refund of the tax paid by a contractor. Approval must be obtained prior to the time of purchase. 4. A facility must have at least one single electrical energy generation unit with a nameplate capacity of 100 kilowatts or more. Approval must be obtained prior to the time of purchase.
Geographic Restrictions: Statewide
Granting Authority: State of North Dakota


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.