Idaho § 63-3622BB RESEARCH AND DEVELOPMENT AT THE IDAHO NATIONAL LABORATORY

Idaho Statutes

§ 63-3622BB — RESEARCH AND DEVELOPMENT AT THE IDAHO NATIONAL LABORATORY

Idaho·Title 63 REVENUE AND TAXATION·Ch. 36 SALES TAX

There is exempted from the taxes imposed by this chapter:

(1)The sale or use of that property primarily or directly used or consumed in connection with research, development, experimental and testing activities, when exclusively financed by the United States in connection with the Idaho national laboratory and any successor thereto.

(2)If a facility is used by the United States or one (1) of its management and operating contractors for research and development activities at the Idaho national laboratory and also is used by a person or persons in addition to the United States or one (1) of its management and operating contractors, there is exempted from the taxes imposed by this chapter a percentage of each sale or use of tangible personal property used or consumed at or for the benefit o

Free access — add to your briefcase to read the full text and ask questions with AI

There is exempted from the taxes imposed by this chapter:
(1) The sale or use of that property primarily or directly used or consumed in connection with research, development, experimental and testing activities, when exclusively financed by the United States in connection with the Idaho national laboratory and any successor thereto.
(2) If a facility is used by the United States or one (1) of its management and operating contractors for research and development activities at the Idaho national laboratory and also is used by a person or persons in addition to the United States or one (1) of its management and operating contractors, there is exempted from the taxes imposed by this chapter a percentage of each sale or use of tangible personal property used or consumed at or for the benefit of the facility in the amount that the research and development activities of the United States or its management and operating contractors bear to the total use of the facility by all persons. The state tax commission shall adopt rules to govern the procedures for the calculation, verification and documentation of this allocation.

Idaho § 63-3622BB (RESEARCH AND DEVELOPMENT AT THE IDAHO NATIONAL LABORATORY) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.