Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2013
Sales and Use Tax Annotations
295.0000 GROSS RECEIPTS
(f) COSTS AND EXPENSES
295.1380 Mark-up on Repair Parts. A California railroad makes repairs to foreign line cars owned by others which it uses in California. The scheduled price of repair parts involves a mark-up for handling and purchasing expenses.
The mark-up should be included in the price subject to sales tax. 6/26/53.