Example 1: An exterior wall panel and steel manufacturing company purchases materials, equipment, and utilities of approximately $10,000,000 per year and mistakenly paid tax on all of the above and did not take advantage of tax relief programs. There is potential recovery of $2,750,000 for the 3-year period and saving of $10,000,000 for a 10-year period provided the purchases were stagnating year after year. (If purchases increased, then the savings would increase).
Example 2: A local bakery purchases 300,000 per year in materials and had machinery and equipment purchases in the past 3 years totaling 100,000 and has mistakenly paid taxes where exemptions apply. There is potential recovery of 100,000 for the 3-year period and a saving over a 10-year period of $400,000 provided the purchases were stagnating year after year.
Example 3: A cement company purchases approximately 700,000 per year in materials. The cement company was aware of some of the exemptions and exclusions and was not paying tax on all material. However, the company is not aware of all exemptions that exist, MTRS is able to recover 150,000 of additional exemptions for 3-year period which result in a 10-year savings of 500,000.