Used exclusively definition

Used exclusively means used to the exclusion of all other uses except for use not exceeding 5 percent of total use.

Used exclusively means at least 95% of the total use of the tangible personal property or certain other property must be direct use in qualified research or manufacturing. Note: Machinery used directly in manufacturing part of the time and directly in qualified research the rest of the time qualifies for exemption from Wisconsin sales and use taxes.

Used exclusively means used to the exclusion of all other uses except for

Examples of Used exclusively in a sentence

• Used exclusively to facilitate the transition of homeless individuals to independent living within twenty-four (24) months and where a governmental body or qualified nonprofit organization provides those individuals with temporary housing and supportive services to assist them in finding and keeping permanent housing.

• Used exclusively for heating, industrial, or farm purposes other than for the operation of a motor vehicle.

• Used exclusively as dwelling units.***(b) When a lease involves multiple use of real property wherein a part of the real property is subject to the tax herein, and a part of the property would be excluded from the tax under subparagraph (a)1., subparagraph (a)2., subparagraph (a)3., or subparagraph (a)5., the department shall determine, from the lease or license and such other information as may be available, that portion of the total rental charge which is exempt from the tax imposed by this section.

• Used exclusively to meet public school needs, the State School Trust Fund (SSTF) contains revenue primarily derived from unclaimed property (sometimes referred to as abandoned property).

• Used exclusively for storage of explosives or detonators and kept free of all extraneous materials.

More Definitions of Used exclusively

Used exclusively means to the exclusion of all other uses except any of the following:

Used exclusively means at least 95% of the total use of the tangible personal property or certain other property must be direct use in qualified research or manufacturing. Note: Machinery used directly in manufacturing 75% of the time and directly in qualified research 25% of the time qualifies for exemption from Wisconsin sales and use taxes. C. What is Exempt?‌• Tangible personal property, including fuel and electricity, and certain other property consumed or destroyed or losing their identities while being used exclusively and directly in qualified research.• Machinery and specific processing equipment, including attachments, parts, and accessories, used exclusively and directly in qualified research. D. Who is Primarily Engaged in Biotechnology in Wisconsin?‌ A person is primarily engaged in biotechnology in Wisconsin when more than 50% of that person's activities in Wisconsin is biotechnology. When a person's activities in this state include one or more activities in addition to biotechnology, the primary activity is determined by a reasonable measure of activity for all activities conducted in Wisconsin. A reasonable measure of activity includes sales revenue, costs and expenses, or investment in plant, machinery and equipment. Example (1): Company Z manufactures products at a plant outside of Wisconsin. Company Z operates a facility in Wisconsin that is devoted solely to research and development relating to the products Company Z currently manufactures as well as to completely new products. This is Company Z's only activity in Wisconsin. Some, but not all, of its research and development activities in Wisconsin constitute biotechnology and qualified research. Since Company Z only performs research and development activities for itself, it does not have any sales revenue from these activities. Company Z reasonably allocates its costs and expenses incurred in conducting all of its research and development activities in Wisconsin between biotechnology and non-biotechnology. Based on these allocations, Company Z determines that more than 50% of these costs and expenses relate to the conduct of biotechnology. For additional information on determining whether a person is (1) primarily engaged in biotechnology in Wisconsin or(2) primarily engaged in manufacturing in Wisconsin, see sec. Tax 11.20(2)(b), Wis. Adm. Code. E. How is This Exemption Claimed?‌ The purchaser completes Form S-211, Wisconsin Sales and Use Tax Exemption Certificate, and provides it to the seller at th...

Used exclusively means at least 95% of the total use of the tangible personal property or certain other property must be direct use in qualified research or manufacturing.

Used exclusively means to the exclusion of all other uses

Used exclusively means to the exclusion of all other uses except for use not exceeding five percent of total use .

Used exclusively means used only or solely, to the exclusion of all other uses.

Used exclusively means used to the exclusion of all other uses, except for use not exceeding 5% of total use. A "claimant" for the credits may include either the operator of a food processing or