Primary Sector Development Exemption in North Dakota

Tuesday, September 27, 2011

Companies that have been certified by the North Dakota Department of Commerce as a "primary sector company" may purchase certain tangible personal property exempt from tax under the Primary Sector Development exemption. A "primary sector company" is defined as a company that, "through the employment of knowledge or labor adds volume to a product, process, or services which results in the creation of new wealth." When applying for the exemption, the business must include the following information: 1) the owner and location of the primary sector project; 2) a description of the project and why it qualifies for the exemption; 3) the estimated duration of the project; and 4) the estimated cost of the project and the portion of that cost that is applicable to materials. Property that is eligible for the exemption includes, but is not limited to: computer equipment and related software, monitor/display units, printers, optical readers, and telecommunications equipment.

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