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Are there differences between property tax law and sales and use tax law regarding manufacturing classification?

April 26, 2017Classification differences Law manufacturing sales tax law

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Are there differences between property tax law and sales and use tax law regarding manufacturing classification?

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Property tax law uses the Standard Industrial Classification (SIC) Manual printed by the federal government as a basis for classification. For the most part, businesses categorized in the SIC Manual as manufacturing qualify as manufacturing for property tax purposes. Sales and use tax law does not emphasize the SIC Manual definitions.