Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2013
Sales and Use Tax Annotations
375.0000 MOTION PICTURES—Regulation 1529
(a) TRANSACTIONS UNDER PRIOR LAW (MAY 1, 1950 TO SEPT. 21, 1988)
(1) In General—Producers
375.0020 Co-Producers. A motion picture studio that agrees with another party to jointly produce a television series is entitled to co-producer's status even though, in order for the parties to carry out their purposes, they form a new corporation which is responsible for producing the film. In this case, however, this was the only corporate purpose of the new corporation and it was dissolved following production. 8/23/66.