Laws, Regulations & Annotations

Business Taxes Law Guide – Revision 2018

Sales and Use Tax Annotations

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Annotation 295.0320


295.0320 Hostess Credits. Retailers giving credit to hostesses for holding parties, inviting friends, and delivering merchandise, may not deduct the amount of the credit from the measure of tax. The efforts of the hostess are bargained for and given in consideration of the credit. Cancelling the credit in return for merchandise constitutes consideration for the transfer of the property and represents taxable gross receipts at the value placed on the credit by the parties. 3/7/66.