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Congress Passes One Big Beautiful Bill – President to Sign on July 4

Withum

Thomas Massie of Kentucky and Brian Fitzpatrick of Pennsylvania, voting with the Democrats. Defines “qualified production property” to include any portion of nonresidential real property used as an integral part of qualified manufacturing, agricultural or chemical production, or refining of a qualified product.

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What's new in May for state sales and use taxes

TaxConnex

California manufacturers want the state to halt taxes on the purchase of new equipment, saying those taxes are hobbling the industry as manufacturers aim to modernize production as supply chain issues continue. Kentucky has enacted multiple tax changes , including expansion of the services subject to sales and use taxes.

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