Biotechnology & medical device manufacturing sales & use tax deferral/waiver (expired January 1, 2017)

Available to:

Biotechnology and medical device manufacturers.

Qualifying activity:

Certain construction and equipment purchases for new and expanding businesses.

Reporting/documentation:

• Biotechnology Products and Medical Devices Application For Sales and Use Tax Deferral must be filed and approved before building permit is issued
• All businesses must maintain a qualified activity at the site of the investment project for the year in which the investment project is certified operationally complete plus seven additional years.
• Annual Tax Performance Report must be filed by May 31st of the following year in which the project is certified and for the following seven years.
• Electronic filing of all documents required.
• Expired January 1, 2017

For questions about the deferral, please call Debi Brower at (360) 534-1443.