February 21, 2013
Michigan – New bills exempt mining equipment from sales and use tax
The Michigan Legislature passed two bills that exempt from sales and use tax the sale of tangible personal property to a taxpayer for use as or at mineral-producing property. For purposes of the new exemptions “mineral-producing property” means “real and personal property in this state that is part of a producing mine or utilized directly in association with a producing mine on a parcel on which the shaft, incline, or adit is located, or a parcel contiguous or appurtenant to a parcel on which the shaft, incline, or adit is located.”
Click here for H.B. 6010
Click here for H.B. 6011
Both laws were enacted on December 20, 2012.