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The following activities are not subject to the B&O tax and do not need to be reported on your excise tax return. This list is not all-inclusive.
- Farming
Wholesale sales by farmers of agricultural products
The raising of animals, including fish, for sale at wholesale, and the raising of animals except fish, for others
Processing and wholesaling of fresh fruit and vegetables for transportation outside the state (as of July 1, 2005)
- Nonprofit and social service organizations
Qualified fundraising activities by qualified nonprofit organizations
Adult family homes licensed by the Department of Social and Health Services
Childcare provided by churches
Receipt of certain government grants
Nonprofit boarding homes (as of July 1, 2005)
- Government
County, cIty, school, and fire district income, except utility or enterprise operations that compete with other businesses and are over 50 percent funded by user fees
State or federal grants received by political subdivisions where no significant services are performed in return
- Financial
State and federally chartered credit unions
- Miscellaneous exemptions
Sale or rental of real estate other than lodging
Small timber harvesters whose gross income is less than $100,000 per year |