Sales, Use and International Tax Articles

Sales, Use and International Tax Activity Update - June 2010

It’s Not Easy being Green, but Connecticut is Helping

A Connecticut sales and use tax exemption is enacted for sales, storage, use, or other consumption of machinery, equipment, tools, materials, supplies, and fuel used directly in renewable energy and clean energy technology industries.

The phrase renewable energy and clean energy technology industries is defined as those industries that apply technologies to produce, improve, or develop solar energy electricity generating systems, passive or active solar water or space heating systems, geothermal resource systems, and wind power electric generation systems, including equipment related to such systems.

H.B. 5435, Laws 2010, effective July 1, 2010, and applicable to sales occurring on or after that date.

The H.B. 5435 can be viewed on the Connecticut General Assembly Web site.

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