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Local Option Exemption for Construction Equipment

[Source: INEDA, 10.2018 | Keywords: Construction, Sales Tax] As a reminder, certain types of construction equipment are exempt from the local option sales tax and the local school infrastructure sales tax. That equipment is defined as: … self‑propelled building equipment, pile drivers, motorized scaffolding, or attachments customarily drawn or attached to self‑propelled building equipment, pile drivers, and motorized scaffolding, including auxiliary attachments which improve the performance, safety, operation, or efficiency of the equipment and replacement parts and are directly and primarily used by contractors, subcontractors, and builders for new construction, reconstruction, alterations, expansion, or remodeling of real property or structures… Read More »

Automating Construction & Agriculture

[Source: INEDA, 01.2016 | Keywords: Construction, Agriculture, Innovations] Automation. This buzz word resonates with farmers and contractors struggling to find ways to keep labor costs down. Could autonomous vehicles and robots be the answer? The global robotics industry is expected to grow from $23.8 billion worldwide in 2015 to $151.7 billion by 2020, according to market intelligence firm Tractica. The firm predicts that most of this growth will be driven by non-industrial robots. Non-industrial markets like autonomous vehicles, unmanned aerial vehicles (UAVs) and consumer robots have been experiencing rapid growth and this growth has started to make its way into… Read More »