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BTLG Table of Contents > Sales and Use Tax Annotations > G > 280.0000 Gifts, Marketing Aids, Premiums and Prizes > Annotation 280.0875

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G

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280.0000 Gifts, Marketing Aids, Premiums and Prizes— Regulation 1670

Annotation 280.0875

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280.0875 Sales for Less than 50% of Cost. A firm sells its product for approximately 25 percent of its cost. The customers are not required to subscribe to any service.

The firm is the consumer of the product and the measure of tax is the cost of the product to the firm. 4/2/93.