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BTLG Table of Contents > Sales and Use Tax Annotations > I > 315.0000 Installing, Repairing, Reconditioning in General > Annotation 315.0410

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315.0000 Installing, Repairing, Reconditioning in General—Regulation 1546

Annotation 315.0410

(b) Exchanges of Used for Reconditioned Property

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315.0410 Identical Property. In order for Regulation 1546(b)(4) to apply, the reconditioned property must be virtually identical to the used property delivered by the customer. This type of transaction is the functional equivalent of one in which the customer's own property is reconditioned and tax applies only to the value added or exchange price of the reconditioned property. If the property delivered by the customer is not virtually identical, it is a "trade-in" under Regulation 1654(b)(1). 11/29/90.