Sales tax credit available for loggers and mills
Important Note: The exemption from sales taxes for labor and parts has been CHANGED as of April 1, 2016. Now the state sales tax is 5% on parts, lubricants and belts and such. After June 30 it will be 3%. The exemption for equipment has changed as well: the first $50,000 is exempt from sales tax. From April 1 - June 30, 2016, it will be 2% of the remaining purchase price. From July 1, 2016 it will go to 1% after the first $50,000.
To receive the exemption loggers must fill out the same paperwork as they do for the equipment exemption. The form to look for Under Applications for Exemptions is R-1070 and there will be special instructions for the Dept. of Revenue for this new program. The website has both the form and instructions to download. For questions or help call the Dept. of Revenue at (225) 219-7462.
FORM 1070 (PDF)