Laws, Regulations and Annotations


Business Taxes Law Guide—Revision 2024

Sales and Use Tax Annotations

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295.0000 Gross Receipts

Annotation 295.2000

(g) Service Charges Generally

295.2000 Surcharge on Credit Card Sales. In addition to the price listed for the merchandise, a retailer charges customers a two percent surcharge on credit card sales. This surcharge is imposed to reimburse itself for the cost of processing the credit sale through the card issuer. The surcharge amount is part of the consideration for the sale of the tangible personal property, and is therefore part of gross receipts subject to sales tax. 11/14/91.