Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2013
Sales and Use Tax Annotations
395.0000 OCCASIONAL SALES—SALE OF A BUSINESS—BUSINESS REORGANIZATION—Regulation 1595
(f) SALE OF A BUSINESS GENERALLY
395.1040 Allocation of Receipts. In the sale of a business consisting of vending machines on location, the sales tax does not apply to that portion of the contract price which represents the intangible value of the location privileges. 3/10/59.