Sales & Use
Become an agent of the IDA and receive tax exemptions

Purchases made by the IDA or its agents are exempt from the 8.125% State and County Sales and Use Tax. If approved by the IDA, a company is designated the agent of the IDA and is issued a Sales Tax Exemption (STE) letter that allows the company to acquire materials, equipment and services needed to construct or equip the project without having to pay the sales tax. The STE letter is limited in its duration, applies solely to the approved project and provides a description of the project to the vendors while informing them that the company is acting as an agent of the IDA.