Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2017
Sales and Use Tax Annotations
432.0000 PRINTED SALES MESSAGES—Regulation 1541.5
432.0064.500 Mutual Fund Prospectus. A mutual fund prospectus is a printed sales message since it is printed for the primary purpose of promoting the sale of goods and services. The sale of the prospectus and the affixed application is exempt from sales tax if it is delivered to a mailing house without the purchaser obtaining possession and is mailed through the United States Postal Service to people who become the owner at no cost to them. 7/31/96.