Maine – Exemption Certificate for Commercial Wood Harvesting

SALT Report 2671 – Maine Revenue Services issued a sales and use tax bulletin regarding amendments to the state’s commercial wood harvesting sales and use tax laws.   The bulletin provides that effective July 1, 2013 those engaged in commercial wood harvesting are authorized to use an exemption certificate to purchase electricity and depreciable machinery and equipment without paying sales tax. However, a lessor that purchases items to be leased to another person for use in commercial wood harvesting must pay tax to the seller and apply for refund of the sales tax paid.

The bulletin also addresses the proper use of the exemption certificate, restricted uses, sales tax refunds, taxes paid to another jurisdiction and Rule 323which has been amended to reflect these changes.

For Further Information

Maine Revenue Services – Sales and Use Tax Instructional Bulletin No. 58