Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2015
Sales and Use Tax Annotations
395.0000 OCCASIONAL SALES—SALE OF A BUSINESS—BUSINESS REORGANIZATION—Regulation 1595
(i) TRANSFERS AND CONTRIBUTIONS TO NEW CORPORATION OR PARTNERSHIP
395.1800 Commencing Corporation. A transfer of assets directly to a commencing corporation formed for such transaction, solely in exchange for all of the stock of such new corporation is not subject to tax. 1/7/53.