Florida Discusses Upcoming Changes to Sales and Use Tax Exemption for Machinery and Equipment Used to Increase Productive Output

Tuesday, June 5th, 2012


The Florida Department of Revenue recently released information regarding recent changes made by the Florida Legislature to the industrial machinery and equipment exemption. Fla. Tax Info. Publication No. 12A01-05 (Dept. of Revenue Jun. 1, 2012).

Currently, expanding businesses seeking a sales and use tax exemption on purchases of industrial machinery and equipment must show an increase in productive output of 10% or more. However, beginning January 1, 2013, the required increase in productive output is reduced to 5% or more in order to qualify for the exemption. Output increase is generally measured by comparing the number of physical units produced for 12 months immediately after completion of the installation of qualifying machinery and equipment to the number of physical units produced over the 12 months immediately preceding such installation. Fla. Stat. Ann. sec. 212.08(5)(b).

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