Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2017
Sales and Use Tax Annotations
395.0000 OCCASIONAL SALES—SALE OF A BUSINESS—BUSINESS REORGANIZATION—Regulation 1595
(c) SERIES OF SALES—"NUMBER, SCOPE AND CHARACTER"
395.0700 Stockholder. A sale by a stockholder of a corporation of fixtures and equipment owned by the stockholder, but used in the business of the corporation, may be an exempt occasional sale by the individual if the sale is not one of a series of sales made by him in his individual capacity. 1/20/65.