Florida – Exemption for Machinery and Equipment Used to Increase Productive Output

SALT Report 1548 – The Florida Department of Revenue issued guidance regarding the sales and use tax exemption for machinery and equipment used to increase productive output.   Currently, the Department provides an exemption for purchases of industrial machinery and equipment if a business can show an increase in productive output of at least 10%. However, effective January 1, 2013 the increase in productive output is reduced to a minimum of 5%.
The Department measures the increase by comparing the number of units produced in the 12 months immediately following completion of the installation of the machinery or equipment to the number of units produced over the 12 months immediately preceding the installation.
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