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Advanced Transportation and Alternative Sources Manufacturing Sales and Use Tax Exclusion Program

By February 13, 2013 No Comments

The California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) provides a sales and use tax exemption on property used for the “design, manufacture, production, or assembly” of either advanced transportation technologies or alternative energy source products, components or system.

Benefits:

Sales and use tax exclusion for property involved in the design, manufacture, production or assembly of “clean technology.”

Eligibility:

An approved application by the CAEATFA is required before a business is able to make tax-exempt purchases on clean-tech manufacturing equipment.

Note: The California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) is in the process of implementing Senate Bill (SB) 1128, which expanded CAEATFA’s existing sales and use tax exclusion program to include advanced manufacturing projects.

For more information, go here.