Are the sales tax benefits available to businesses located in an Urban Enterprise Zone-impacted business district?
No sales tax purchase or use benefits are available. However, exemptions in the law for any business still apply; e.g., sale for resale exemption. The only benefit available to qualified businesses located within the Urban Enterprise Zone-impacted business district is the ability to collect sales tax at a reduced rate of 50% of most items of tangible personal property.
Related Questions
- Are qualified businesses located within an Urban Enterprise Zone-impacted business district eligible to collect sales tax at a reduced rate of 50%?
- What are the benefits available to a qualified business within an Urban Enterprise Zone-impacted business district?
- Are the sales tax benefits available to businesses located in an Urban Enterprise Zone-impacted business district?
