Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2013
Sales and Use Tax Annotations
190.0000 CONSTRUCTION CONTRACTORS—Regulation 1521
(e) FIXED-PRICE CONTRACTS
190.2975 Obligation of Parties. In retail sales contracts, only one party need be obligated for the grandfather exemption of fixed price contracts entered into prior to July 15, 1991, to apply, but in construction contracts, both parties must be obligated. 6/17/92.