Capital Improvements and Sales Tax

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TB-ST-104, Capital Improvements
This bulletin explains what type of work is a capital improvement to real property. It also includes information on:
-purchases by contractors and property owners; -billing; and -the appropriate use of exemption certificates.

TB-ST-555, Materialmen and the Pay-When-Paid Option
Materialmen who make qualified sales to contractors may be able to postpone payment of the sales tax until they receive payment from the contractor. This bulletin explains:
-which sales qualify under the pay-when-paid option, and -how materialmen should report these transactions on their sales tax returns.

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