Siemens Utility Study Results in Over $340K in Savings
Sales and use taxes paid on utility bills can be of extreme significance to a manufacturer’s bottom line. Today, with energy costs higher than ever, it is important to minimize the taxes due on such purchases. If your company is currently paying sales and use tax on utility expenditures, you may be able to reduce or eliminate your tax burden.
Although your company may have held a utility study in the past which resulted in lower tax on a percentage of your bill, the exemption usage may have increased over time since the study. If your organization has experienced any changes in Federal Employer Number or State Identification Number due to mergers, acquisitions, etc., your exempt status may also have changed.
Download this case study to learn how DMA’s Utility Study for Siemens resulted in significant savings.
DMA’s state-specific tax professionals work with you as an extension of your tax department.