Monday, January 7, 2013

Get a Tax Break By Installing Solar Energy Systems - CNY News

Mountain/\Ash, Flickr

The New York State Department of Taxation and Finance said Friday, you could get a tax break when installing solar energy equipment in a commercial building.

Beginning Jan. 1, thanks to legislation and Governor Andrew Cuomo?s support, the state?s 4 percent sales tax won?t be charged on the sale or installation of commercial solar energy systems equipment.

The new law also allows cities and counties to provide a similar exemption from their local sales taxes.

The new law is described in detail on the tax department?s web site tax.ny.gov

Source: http://cnynews.com/get-a-tax-break-by-installing-solar-energy-systems/

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