Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2014
Sales and Use Tax Annotations
570.0000 USE OF PROPERTY IN STATE AND USE TAX GENERALLY
(a) IN GENERAL
570.0380 "Standby" Purposes. An item actually in "standby" service such as a fire extinguisher or any equipment held in readiness for use should the need arise is considered used for purposes of sales and use taxes, even though the need never arises and the property is ultimately sold or discarded. In the event it is sold, no deduction of the tax paid purchase price as a "tax-paid purchase resold" item is allowable. 11/7/66.