Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2016
Sales and Use Tax Annotations
515.0000 SERVICE ENTERPRISES GENERALLY—Regulation 1501
(e) MISCELLANEOUS ACTIVITIES
515.1020 Fuel (Nuclear) Service Contract. Taxpayer is consumer of tangible personal property used in performing fuel service contract where fuel (uranium dioxide) is owned by AEC and is leased to taxpayer's customer by AEC and taxpayer converts fuel from the form received from AEC into uranium dioxide, and thence through various manufacturing steps to permitthe fuel to be used in customer's reactor, and also furnishes the technical, financial and management services, together with the handling of the fuel at the customer's plant. 3/4/70; 3/24/70.