Laws, Regulations & Annotations

Business Taxes Law Guide – Revision 2014
 

Sales and Use Tax Annotations


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395.0000 OCCASIONAL SALES—SALE OF A BUSINESS—BUSINESS REORGANIZATION—Regulation 1595

Annotation 395.0570

(c) SERIES OF SALES—"NUMBER, SCOPE AND CHARACTER"

395.0570 Number of Sales. A corporation operated a number of schools throughout the state. Each school held a separate permit for the sale of books and supplies. In determining the number of sales of assets for purposes of section 6019, all the schools must be considered as one single corporate entity. Counting the sales made by the corporation and not by the various schools is the appropriate method. Accordingly, a single sale by a given school is not exempt from sales tax if there were a sufficient number of sales by the corporation during a twelve month period to make the corporation a retailer under section 6019. 12/18/72.