Dear MAF Members:
We have great news for you! The Florida Department of Revenue has SUSPENDED its rulemaking on the Manufacturing Machinery and Equipment Repair Parts Rule, saving our manufacturers many thousands of dollars in sales tax. The proposed rule would have defined consumables that we consider integral to making a product taxable… and more. MAF attended the rulemaking workshop in August and submitted formal comments at that time. Some of you provided input for those comments – thank you!
Since that time we have been working hard to derail the proposed rule. Today we heard from the Department of Revenue that because they expect business tax exemptions to be expanded by the Florida Legislature, they would be wasting their time by promulgating a rule that trends in the opposite direction.
Another example of how MAF works for you every day!