CALIFORNIA SALES AND USE TAX EXEMPTION

• Applies to purchases made on or after July 1, 2014 until July 1, 2030.

• Statewide sales tax exemption (3.93%) of the state sales tax up to $200 million of certain manufacturing and research and development equipment including certain building improvements.

• Available to manufacturers (NAICS Codes 3111-3399) and certain biotechnology, physical engineering, and life sciences companies conducting research and development (NAICS Codes 541711 and 541712).

• For more information, visit: www.cdtfa.ca.gov/industry/manufacturing-exemptions