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Can engineer fees and permit costs for qualified machinery and equipment be included?

April 26, 2017costs engineer equipment fees included machinery permit qualified

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Can engineer fees and permit costs for qualified machinery and equipment be included?

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For real property valuation purposes, Department of Revenue includes all of the costs incurred to make the machinery and equipment functional (excluding testing costs). So, engineering fees, freight, wiring, foundations, installation and county permit fees associated with installation can all be included. If the engineering fees are associated with troubleshooting after the installation, then they are not eligible.