Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2015
Sales and Use Tax Annotations
440.0000 PROPERTY USED IN MANUFACTURING—Regulation 1525
(b) PROPERTY BECOMING COMPONENT PART OF FINISHED PRODUCT
(4) Miscellaneous Specific Components
440.3540 Toluene Sulfonic Acid and Butyl Phosphoric Acid Used in Wood Finishing. Resin coating materials are sold to furniture manufacturers for use as high-speed wood finishes. These materials are sold in two packages, a resin compound and a "catalyst." Since the active constituents of the "catalyst," toluene sulfonic acid and butyl phosphoric acid, become incorporated in the polymerized film coating, sales thereof for such purpose are exempt sales for resale. 12/23/64.