Production-based tax exemptions have saved Pennsylvania businesses billions of dollars. These exemptions are known by various names, including "manufacturing," "processing," "printing," "mining,"

"R&D," "agriculture" and "industrial establishment." The taxes to which these exemptions apply are the Sales & Use Tax, the Capital Stock and Franchise Taxes, local Business Privilege Taxes and local Real Estate Taxes. The same term may have a different meaning for different taxes. The taxes have very different rules for exemption. To assist you in ascertaining whether your company is taking full advantage of these exemptions, this article will provide a broad overview of the available exemptions and future articles in this newsletter will discuss various aspects of the exemptions in more detail.

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