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Post details: Michigan —Sales and Use Tax: Exemption for Agricultural Equipment Enacted
12/22/08
Michigan —Sales and Use Tax: Exemption for Agricultural Equipment Enacted
CCH (cch.taxgroup.com) reports:
The sale of agricultural machinery capable of simultaneously harvesting grain and crops as well as biomass to a person engaged in a business enterprise is exempt from Michigan use tax. Machinery used to harvest biomass is also exempt. “Biomass” is crop residue used to produce energy or crops grown specifically for the production of energy.
Subscribers to CCH Tax Research NetWork can view the legislation.
Act 314 (H.B. 5877), Laws 2008, effective December 18, 2008
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