Exemptions
There are sales and use tax exemptions on:
- Machinery and equipment used by a new or expanding Florida business to manufacture, produce or process tangible personal property for sale
- Labor, parts and materials used in repair of and incorporated into machinery and equipment
- Electricity used in the manufacturing process
- Certain boiler fuels (including natural gas) used in the manufacturing process
- Semiconductor, defense and space technology-based industry transactions involving manufacturing equipment
- Machinery and equipment used predominantly in research and development
- Labor component of research and development expenditures
- Commercial space activity:
- Launch vehicles
- Machinery and equipment for production of items used exclusively at Spaceport Florida
- Payloads and fuel
- Aircraft:
- Maintenance and repair
- Modification
- Parts
- Sale or lease (of qualified aircraft)
- Production companies engaged in Florida in the production of:
- Commercial music videos
- Made for television motion pictures
- Motion pictures
- Sound recordings
- Television series