Idaho Admin. Code r. 35.01.02.035 - LAYAWAY SALES
Sections 63-3612, 63-3613, Idaho Code
01.
In General. Sales tax must
be collected on the total sales price of the items on layaway at the time of
sale. (3-31-22)
02.
The Time
a Sale Occurs. A sale occurs when title to property passes through
delivery to the customer or absolute and unconditional appropriation to a
contract. (3-31-22)
a. The sales tax is
accrued and remitted to the state based on the tax rate in effect at the time
of sale. (3-31-22)
b. Separately
stated nonrefundable layaway service charges are not taxable.
(3-31-22)
Notes
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