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Wisconsin Sales and Use Tax Information New Car Factory

Wisconsin Sales and Use Tax Information New Car Factory

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good morning today with you our three gentlemen from BDO myself included I'm Jim Sanfilippo we also have Hart Oberst and David Winkler today we'll be discussing sales and use tax for plumbing and mechanical contractors this will include a discussion of real property versus personal property when do you charge sales tax to your customers and when do you pay sales or use tax on your materials a large part of today's presentation will cover two relatively new and expanded exemptions the first involves building materials for construction contracts with exempt entities and the second exemption involves construction contracts where the value of the taxable products or services is less than 10% of the total value of the construction contract we will first discuss the general rules for the construction contracts to set the base following the general rules we'll discuss the two new and expanded exemptions and where the benefits are and where traps may be if the r

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