§150.1315. Consequence of Not Complying with Requirement of Collecting Use Tax Separately From the Selling Price  


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  • An important consequence of not complying with the requirement of stating the Use Tax separately from the selling price of the property in a manner authorized by this Regulation is the retailer's loss of the benefit of the deduction for a tax-collected item on his tax return form.

     

(Source:  Amended and effective August 21, 1974)