Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2014
Transactions and Use Tax Annotations
815.0000 CONSTRUCTION CONTRACTORS—Regulation 1826
815.0011 Fixed Price Contracts. When dealing with the earthquake tax, if the prime contract qualifies as a fixed price contract, the subcontract also qualifies. However, this rule does not apply to the exemption for fixed price contracts under district taxes. In that case, each contract must qualify on its own. 7/10/91.