Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2017
Sales and Use Tax Annotations
600.0000 WATERCRAFT—Regulation 1594
(b) USE IN INTERSTATE OR FOREIGN COMMERCE
600.0105 Lifting of Vessels. A derrick barge lifts vessels that are principally used in interstate and foreign commerce in and out of dry dock. This lifting of vessels by the derrick barge is not a use which would qualify the derrick barge to an exemption under Regulation 1594(a)(1). Therefore, tax applies to the sales price of the barge and the materials to renovate or maintain it. 2/17/93.