Laws, Regulations & Annotations

Business Taxes Law Guide – Revision 2013
 

Sales and Use Tax Annotations


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

Annotation 395.1057

(f) SALE OF A BUSINESS GENERALLY

395.1057 Cable TV Company—Sale of Assets. A cable TV company's only sales consist of selling eleven decoder boxes to individuals who own their own satellite dishes and do not receive cable services. In this situation, the cable TV system is regarded as a service enterprise. The taxpayer's sales of decoder boxes are separate from the service activity and are, in effect, a separate business. Accordingly, upon the sale of the assets, tax applies only to the sale of tangible personal property held or used in the activity of selling decoder boxes. (Regulations 1595(a)(5)(A)(1) and (a)(5)(B)(2).) 3/19/90.