Laws, Regulations & Annotations

Business Taxes Law Guide – Revision 2018

Sales and Use Tax Annotations

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495.0000 SALE

Annotation 495.0035


495.0035 Blank Master Tapes Used to Produce Movie Masters. A taxpayer purchases blank master video tapes ex-tax and uses them to produce movie masters that are licensed to foreign distributors for a period of time. As the lease of a motion picture is not a sale, the taxpayer is the consumer of the tapes and other materials used. Tax applies to the purchase price of the tapes and other materials notwithstanding that the property is subsequently shipped outside the state. 3/22/92.