Laws, Regulations & Annotations

Business Taxes Law Guide – Revision 2013
 

Sales and Use Tax Annotations


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S

515.0000 SERVICE ENTERPRISES GENERALLY—Regulation 1501

Annotation 515.0018.800

(a) IN GENERAL—SERVICE DISTINGUISHED FROM SALE

515.0018.800 Technical Library, Drawings and Designs. A company agrees to sell to a firm certain assets which include a technical library, drawings and designs. The technical library is written on paper and bound in binders. It documents the techniques used by the company's personnel to produce the finished product. The drawings and designs consist of pre-drawn or scientific diagrams, blueprints, detailed drawings, and schematics of the company's products. They include tolerances, dimensions, inputs and outputs. All the drawings, designs, binders, and the like are in existence prior to the sale.

The transfer of these items is considered the transfer of tangible personal property. Thus, the total price set by the parties for the sales is subject to tax. 5/6/92.