- Sales tax funds education, healthcare, infrastructure, and more in the US
- States have exemptions for businesses, but can repeal or add requirements
- Iowa is ending sales tax exemptions for certain businesses buying computers and peripherals
- Michigan now requires data center operators to report annually for tax exemptions
- Compliance with reporting helps assess impact on state revenue and fund allocation
Source: salestaxinstitute.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
