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Business Taxes Law Guide—Revision 2024

Sales and Use Tax Annotations


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P


440.0000 Property Used in Manufacturing—Regulation 1525

Annotation 440.3080

(b) Property Becoming Component Part of Finished Product

(4) Miscellaneous Specific Components

440.3080 Lacquer Thinner. Lacquer thinner sold and used as a component part of liquid shoe polish is exempt from tax as a sale for resale. 5/4/53.