Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2013
Sales and Use Tax Annotations
140.0000 BARTER, EXCHANGE, "TRADE-INS"—Regulation 1654
140.0020 Overallowances. Although a discount is not a part of taxable gross receipts, an amount designated as an "overallowance" on merchandise traded in may not be excluded upon the ground that it is a discount. 11/27/51.