Mich. Admin. Code R. 205.70 - Consignments
Rule 20.
(1) Sales
of tangible personal property consigned, delivered, or entrusted to a retailer
for the purpose of selling at retail are taxable to the retailer on the total
retail sale price without deduction for any expense, such as storage, rental,
commission, or repairs. It is immaterial whether the goods are different from
those sold in the regular business of the retailer.
(2) Where a retailer selling tangible
personal property belonging to another has the right to withhold or claim a
portion of the sale price as compensation, the retailer shall include the total
amount received from the sale of the goods in its tax return.
Notes
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