Laws, Regulations and Annotations
Search
Business Taxes Law Guide—Revision 2024
Sales and Use Tax Annotations
A B C D E F G H I J L M N O P R S T U V W X
U
565.0000 United States Contractors
Annotation 565.0120
(a) In General
565.0120 Overhead Expense of Related Entity. A related entity (A) which has no government contracts is related to entity (B) which does. Both share overhead expenses. Since entity (A) is a separate legal entity and not a party to entity (B)'s contracts, none of entity (A)'s overhead expenses may be allocated to entity (B)'s contracts. 8/4/92.