Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2016
Sales and Use Tax Annotations
175.0000 COLLECTION OF USE TAX BY RETAILERS—Regulation 1684
175.0060 Inventory for Resale. An out-of-state company selling both taxable and exempt products, maintaining an inventory of the exempt products to be sold for resale in this state, is required to register with the Board and collect use tax from purchasers of the taxable product which is shipped from out-of-state to consumers in this state. Since the company is a retailer of the taxable product with a place of business in this state, it is irrelevant that there is no connection between the local place of business and the transactions which give rise to tax liability, and that only an exempt product, is stored in this state for purposes of sale for resale. 5/19/65.