Ga. Comp. R. & Regs. R. 560-12-2-.74 - Premiums and Gifts

(1) Donors of tangible personal property are users or consumers and purchases by them are taxable, including purchases of gifts for advertising purposes.

(2) The tax applies to the cost price of property purchased originally for resale and later used as a gift.

(3) The tax applies to purchases of property to be awarded as prizes at the cost price of such property.

Notes

Ga. Comp. R. & Regs. R. 560-12-2-.74

Ga. L. 1937-38, Extra Sess., pp. 77, et. seq., as amended; Ga. Code Ann., Secs. 92-8405, 8406, 8409, 8427; Ga. L. 1951, pp. 360, 385; Ga. Code Ann., Sec. 92-3438a.

Original Rule was filed on June 30, 1965.