Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2017
Sales and Use Tax Annotations
295.0000 GROSS RECEIPTS
(g) SERVICE CHARGES GENERALLY
295.1520 Layaway Service Charge. A fee charged for setting aside merchandise at the request of a customer is includible in the computation of "gross receipts" for that transaction provided the customer completes the purchase by paying the full retail price plus the fee. However, where the contract to sell is not completed and does not result in sale, the service charge is not subject to the tax since there is no sale of tangible personal property. 6/26/62.