Semiconductor manufacturers get tax exemption in Idaho
IDAHO – Effective July 1, 2022, the purchase of any materials that are used to remodel, expand or construct a facility that makes semiconductors will be exempt from sales and use tax.
This is thanks to HB 678, or the Idaho Semiconductors for America Act.
Companies that are eligible for this exemption must submit a project outline to the state’s Department of Commerce by Dec. 1, 2026 to qualify.
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