Laws, Regulations & Annotations

Business Taxes Law Guide – Revision 2013
 

Sales and Use Tax Annotations


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U

570.0000 USE OF PROPERTY IN STATE AND USE TAX GENERALLY

Annotation 570.0176

(a) IN GENERAL

570.0176 Invoices Used by Retailer. A wholesale grocery company purchases certain invoices to list the products it sells to its customers but also supplies the customers a copy upon the delivery of the property. The company believes that since it must supply the invoices to its customers, it is selling rather than consuming the invoices.

In this case, the company is using the invoices as part of its accounting system and primarily for a check on the flow of goods. Accordingly, the invoices are purchased for some purpose other than resale in the regular course of business and may not be purchased for resale. 11/22/71.