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BTLG Table of Contents > Sales and Use Tax Annotations > D > 215.0000 Demonstration, Display and Use of Property Held for Resale—Vehicles > Annotation 215.0080

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D

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215.0000 Demonstration, Display and Use of Property Held for Resale—Vehicles—Regulation 1669.5

Annotation 215.0080

(a) General

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215.0080 Company Car Inventory. When a dealer transfers a car from its new car inventory to its company car inventory, the presumption is that the car is used for purposes other than, or in addition to, demonstration, and the dealer will owe use tax at time of transfer.

This presumption is rebuttable however, if, in fact, separate records are kept as to the vehicle and proper affidavit made that car has been used solely for demonstration purposes. 3/3/53.