Category Archives: Taxes

Do You Need Another Number?

You might. Farmers, ranchers and timber operators who produce agricultural and timber products for sale will need a special registration number to claim sales tax exemption on purchased taxable products used for their operations beginning Jan. 1. The registration number was made a requirement by House Bill 268, which passed in the recent legislative session. The new registration process has implications for agricultural producers.  “While purchases of feed and seed are not subject to sales tax, it is important that agricultural producers obtain an identification number because many… Read More →