Sentences with phrase «exemption on construction materials»
Not exact matches
And whereas IDA sales tax abatements typically cover the costs of construction materials and equipment purchased to initially outfit the building, Yahoo will receive the tax exemption on equipment purchases for 20 years.
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The developer also is seeking an exemption from sales taxes on construction materials and from the state mortgage recording tax.
It also has asked for an exemption from sales taxes on construction materials and from the state mortgage recording tax.
Destiny also will receive an exemption from sales taxes on construction materials.
In return for company promises to create jobs, it assists development projects be granting property tax exemptions and exemptions from the state mortgage recording tax and sales taxes on construction materials.
The ECIDA Board unanimously approved a $ 1.4 million in sales tax exemptions on purchased construction materials, and a waiver of the one - time $ 150,000 mortgage recording tax fee on the project.
The hearing will give the public an opportunity to express opinions on Destiny's application for $ 5.08 million in property tax exemptions, spread over 12 years, and $ 1.76 million worth of exemptions from sales taxes on construction materials.
In addition to the property tax exemptions, Destiny is seeking exemptions from the state's mortgage recording tax and from sales taxes on construction materials.
He also has asked for an exemption from sales taxes on construction materials and from the state mortgage recording tax.
It also has applied to the agency for sales tax exemptions, worth an estimated $ 560,000, on construction materials.