sales tax exemptions for texas record producers
this arrived in the stoogeaphilia spambox, from whence i registered the band with the texas music office (sounds crazy but a friend swears he's gotten gigs as a result of being listed in their directory) and appears to be legit. i couldn't reproduce the pdf links, but i'm sure the forms are accessible via their website.
Dear Recording Industry Professional:
Many items purchased, used, rented or repaired during the studio master recording process are exempt from the 6.25 percent state sales and use tax, as well as local sales and use taxes. These exemptions are included in the Texas Tax Code Section 151.318, and the Comptroller of Public Accounts Administrative Rule 3.300.
Texas Sales & Use Tax Exemption - Short Form PDF file
A producer may claim 100 percent exemption from state and local sales and use taxes on qualifying machinery and equipment purchased, repaired, leased or rented and used directly in the production of audio recording masters. If the equipment is exempt, any parts, repair or maintenance labor is also exempt.
For a list of exempt items, please visit the Sales Tax exemptions section of our EnjoyTexasMusic.com website.
NOTE TO RETAILERS & ARTISTS: Bands who produce themselves and purchase gear in the process also qualify for this exemption.
Sincerely,
Casey Monahan, Andrew Leeper and Stephen Ray
Texas Music Office
Office of the Governor
P.O. Box 13246, Austin, TX 78711-3246
512.463.6666 / fax 512.463.4114
music@governor.state.tx.us
http://www.EnjoyTexasMusic.com
**You Can't Hear American Music Without Hearing Texas**
Dear Recording Industry Professional:
Many items purchased, used, rented or repaired during the studio master recording process are exempt from the 6.25 percent state sales and use tax, as well as local sales and use taxes. These exemptions are included in the Texas Tax Code Section 151.318, and the Comptroller of Public Accounts Administrative Rule 3.300.
Texas Sales & Use Tax Exemption - Short Form PDF file
A producer may claim 100 percent exemption from state and local sales and use taxes on qualifying machinery and equipment purchased, repaired, leased or rented and used directly in the production of audio recording masters. If the equipment is exempt, any parts, repair or maintenance labor is also exempt.
For a list of exempt items, please visit the Sales Tax exemptions section of our EnjoyTexasMusic.com website.
NOTE TO RETAILERS & ARTISTS: Bands who produce themselves and purchase gear in the process also qualify for this exemption.
Sincerely,
Casey Monahan, Andrew Leeper and Stephen Ray
Texas Music Office
Office of the Governor
P.O. Box 13246, Austin, TX 78711-3246
512.463.6666 / fax 512.463.4114
music@governor.state.tx.us
http://www.EnjoyTexasMusic.com
**You Can't Hear American Music Without Hearing Texas**
posted by stashdauber at 9:12 PM
2 Comments:
Totally legit. Its one of the perks the state of TX offers to try to get record companies/producers to come do their work here. I think there is a similar tax exemption for movie production as well, but don't quote me on that. I'm a musician, not a filmmaker.
Oh yes .... I haven't paid sales tax on equipment in about 15 years. I almost forgot about that exemption number they gave me though cuz now I buy most major purchases online - those purchases also being exempt from sales tax!
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