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Business Taxes Law Guide—Revision 2024

Sales and Use Tax Annotations


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U


570.0000 Use of Property in State and Use Tax Generally

Annotation 570.1420

(f) Lost or Destroyed Property


570.1420 Replacement of Damaged Government Property. A firm's purchase of cable material and subsequent transfer to the United States Navy in order to replace the property which this firm previously had damaged constitutes a taxable "use" under section 6009. 9/17/64.