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BTLG Table of Contents > Sales and Use Tax Annotations > B > 140.0000 Barter, Exchange, "Trade-ins" > Annotation 140.0020

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B

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140.0000 Barter, Exchange, "Trade-Ins"—Regulation 1654

Annotation 140.0020

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140.0020 Overallowances. Although a discount is not a part of taxable gross receipts, an amount designated as an "overallowance" on merchandise traded in may not be excluded upon the ground that it is a discount. 11/27/51.