A property tax exemption exists for merchants' and manufacturers' inventory.

Eligibility

Inventory includes those items that:

• Are primarily held for sale in the ordinary course of business (finished goods)
• Are in process of production for sale (work in progress)
• Are to be consumed either directly or indirectly in the production of finished goods (raw materials and supplies)

Benefits

Items of inventory are exempt from property tax.

Contact

Contact the Kansas Department of Revenue at 785-368-8222.