Tax & Accounting Blog

Solar Panel Systems Exempt for Commercial Purposes in New York

Indirect Tax, ONESOURCE, Sales and Use Tax January 9, 2013

solar panel - business As of January 1, 2013, the sale and installation of solar energy systems equipment for commercial buildings are exempt from New York state sales taxes.  The sales and installation of these systems for residential purposes have been exempt since 2004.  Municipalities and cities in New York now also have the option to exempt these transactions from their local sales taxes.