Laws, Regulations & Annotations

Business Taxes Law Guide – Revision 2018

Sales and Use Tax Annotations

A    B    C    D    E    F    G    H    I    J    L    M    N    O    P    R    S    T    U    V    W    X   


140.0000 BARTER, EXCHANGE, "TRADE-INS"—Regulation 1654

Annotation 140.0020

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.