Reduced B&O tax rate for manufacturers of semiconductor materials

Available to:

Manufacturing or processors for hire of semiconductor materials.

Qualifying activity:

Manufacturing or processing for hire semiconductor materials. “Semiconductor materials" means silicon crystals, silicon ingots, raw polished semiconductor wafers, and compound semiconductor wafers.

Reporting/documentation:

• No application
• Annual Tax Performance Report must be filed by May 31st of the following year.
• Electronic filing of all documents required

Expires December 1, 2028

For questions about the program, call (800) 647-7706.