Aerospace Incentives

  • B&O credit for preproduction development expenditures
  • B&O credit for property/leasehold taxes paid on aerospace business facilities
  • B&O tax rate for aerospace businesses
  • Construction of new facilities used for airplane repair and maintenance - retail sales/use tax exemption
  • Retail sales and use tax exemption for the construction of new facilities used to manufacture commercial airplanes, fuselages or wings of commercial airplanes
  • Sales & use tax exemption for aerospace businesses for computer hardware/software/peripherals

Category: Tax Incentives

Property/leasehold tax exemption for manufacturers of biofuels Reduced B&O tax rate for manufacturing wood biomass fuel Waste vegetable oil - Sales/use tax exemption on purchases for personal use
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Reduced B&O tax rate for timber extracting and manufacturing
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B&O tax deduction for manufacturers of dairy products B&O tax exemption for manufacturers of fresh fruit & vegetables B&O tax exemption for manufacturers of seafood products Tax deferrals for fruit and vegetable businesses (expired June 30, 2012)
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Manufacturers Sale and Use Tax Deferral - Eligible Investment Projects Sales and Use Tax Exemption for Manufacturing Machinery & Equipment (M&E)
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Biotechnology & medical device manufacturing sales & use tax deferral/waiver (expired January 1, 2017) High technology B&O credit for R&D spending (expired January 1, 2015) High technology sales & use tax deferral/waiver (expired January 1, 2015)
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B&O Tax/Public utility tax credit for electricity, natural gas, or manufacturer gas sold to silicon smelters Commute trip reduction program - B&O tax/public utility tax credit International services - B&O tax credit for new employment Main street tax credit - B&O tas/public utility tax...
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Anaerobic digesters - property and leasehold excise tax exemption Clean alternative fuel and plug-in hybrid vehicles - sales/use tax exemptions Clean alternative fuel commercial vehicle and vehicle infrastructure B&O or PUT tax credit Electric vehicle infrastructure (charging stations), batteries, and fuel cells – sales/use...
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Reduced B&O tax rate for manufacturers of semiconductor materials Sales/use tax exemption for purchases of semiconductor gases & chemicals
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Remittance of state sales tax for warehouses, grain elevators, and distribution centers
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