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Video:  Do I Owe Sales or Use Tax on Real Property Construction Contracts?

Depositphotos_24700379_s-2015.jpgOne area where manufacturers frequently make costly use tax mistakes is with real property contractors. Often manufacturers will accrue use tax, unaware that the contractors have already paid sales tax at the time they purchased the materials used in the job.  It's important to understand how your state handles real property contracts, then communicate with your contractor.

This short video, from the sales tax experts at Windward Tax, features more information for manufacturers about sales tax strategies when dealing with real property construction contracts. 





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Lauren Stinson, CMI
Written by Lauren Stinson, CMI

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