State Incentives

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