Used exclusively means used to the exclusion of all other uses except for use not exceeding 5 percent of total use.
Used exclusively means at least 95% of the total use of the tangible personal property or certain other property must be direct use in qualified research or manufacturing. Note: Machinery used directly in manufacturing part of the time and directly in qualified research the rest of the time qualifies for exemption from Wisconsin sales and use taxes.
Used exclusively means to the exclusion of all other uses except any of the following:
Examples of Used exclusively in a sentence
RUBBER GLOVE PROTECTION Used exclusively for the isolation rubber glove protection.
More Definitions of Used exclusively
Used exclusively means used to the exclusion of all other uses except for
Used exclusively means at least 95% of the total use of the tangible personal property or certain other property must be direct use in qualified research or manufacturing. Note: Machinery used directly in manufacturing 75% of the time and directly in qualified research 25% of the time qualifies for exemption from Wisconsin sales and use taxes. C. What is Exempt?• Tangible personal property, including fuel and electricity, and certain other property consumed or destroyed or losing their identities while being used exclusively and directly in qualified research.• Machinery and specific processing equipment, including attachments, parts, and accessories, used exclusively and directly in qualified research. D. Who is Primarily Engaged in Biotechnology in Wisconsin? A person is primarily engaged in biotechnology in Wisconsin when more than 50% of that person's activities in Wisconsin is biotechnology. When a person's activities in this state include one or more activities in addition to biotechnology, the primary activity is determined by a reasonable measure of activity for all activities conducted in Wisconsin. A reasonable measure of activity includes sales revenue, costs and expenses, or investment in plant, machinery and equipment. Example (1): Company Z manufactures products at a plant outside of Wisconsin. Company Z operates a facility in Wisconsin that is devoted solely to research and development relating to the products Company Z currently manufactures as well as to completely new products. This is Company Z's only activity in Wisconsin. Some, but not all, of its research and development activities in Wisconsin constitute biotechnology and qualified research. Since Company Z only performs research and development activities for itself, it does not have any sales revenue from these activities. Company Z reasonably allocates its costs and expenses incurred in conducting all of its research and development activities in Wisconsin between biotechnology and non-biotechnology. Based on these allocations, Company Z determines that more than 50% of these costs and expenses relate to the conduct of biotechnology. For additional information on determining whether a person is (1) primarily engaged in biotechnology in Wisconsin or(2) primarily engaged in manufacturing in Wisconsin, see sec. Tax 11.20(2)(b), Wis. Adm. Code. E. How is This Exemption Claimed? The purchaser completes Form S-211, Wisconsin Sales and Use Tax Exemption Certificate, and provides it to the seller at th...
Used exclusively means at least 95% of the total use of the tangible personal property or certain other property must be direct use in qualified research or manufacturing.
Used exclusively means to the exclusion of all other uses
Used exclusively means used to the exclusion of all other uses except for use not exceeding five per- cent of total use.
Used exclusively means that the vehicle is used and devoted primarily and inherently for the purpose of transporting medically incapacitated individuals and does not mean vehicles used partly for transporting medically incapacitated individuals and partly for other purposes.
Used exclusively means used only or solely, to the exclusion of all other uses.