NYCEDC – Financing & Incentives – Energy Savings – Tax Benefits for Industrial Firms

Energy Savings

TAX BENEFITS FOR INDUSTRIAL FIRMS

Program Descriptions

Contact Information

PROGRAM DESCRIPTIONS

SALES TAX EXEMPTION FOR MANUFACTURERS

New York City businesses are entitled to an exemption from the eight and one-quarter percent city and state sales tax on purchases of electricity, fuel oil, natural gas and steam, used directly and exclusively in the manufacturing, processing or assembling of tangible personal property for sale.

RECLAIMING SALES TAXES PREVIOUSLY PAID

Manufacturers that have been paying taxes on energy purchases are eligible to apply for a rebate of over paid taxes. The business must file a "Application for Credit or Refund of Sales or Use Tax" (AU-11) with the New York State Department of Taxation and Finance. The form requires an explanation of reasons for past overpaid taxes. Refunds are only available for taxes paid within the last three years.

CONTACT INFORMATION

Sales Tax Exemption for Manufacturers
(800) 972-1233

Reclaiming Sales Taxes Previously Paid
View New York State Department of Taxation and Finance’s
Reclaiming Sales Taxes Previously Paid (PDF)
(800) 972-1233

RELATED LINKS

New York City Map
Explore our interactive map of the 5 boroughs to find project locations, incentive areas and zoning.

Economic Snapshot
Read our newsletter highlighting NYC employment, consumer spending, real estate and more.

INDUSTRY OVERVIEWS

Manufacturing & Industrial in NYC
Find information and resources related to our growing Manufacturing & Industrial community.

Not-For-Profits in NYC
Find information and resources related to our growing Not-For-Profit community.

More Industry Overviews >