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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
V
580.0000 Vehicles
Annotation 580.0393
(a) Generally
580.0393 Subcontracting of Shuttle Service—Sale of Van. Company A subcontracted the operation of its shuttle service to Company B. As part of the transaction, it was necessary for Company B to acquire title to one of Company A's shuttle vans and assume responsibility for the vehicle's insurance. Subsequently, Company A decided not to renew the subcontract for the shuttle service with Company B and repurchased the van. The initial transfer of the van to Company B gave rise to a taxable transaction. Likewise, the reacquisition of the van by Company A is also a taxable sale. 8/19/92.