Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2014
Sales and Use Tax Annotations
280.0000 GIFTS, MARKETING AIDS, PREMIUMS AND PRIZES— Regulation 1670
280.0523 Entertainment Books. Entertainment Books are a collection of coupons to various establishments, such as restaurants, movie theaters, sporting events and stores. The sale of such coupon books are not regarded to be sales of tangible personal property. The coupons in Entertainment Books are merely evidence of an intangible right—a record or indicia of the right to services or tangible personal property at a reduced price. The sale of Entertainment Books are not subject to sales tax. 6/30/04. (2005–2).