Isolated or occasional sale definition
Isolated or occasional sale means the nonrecurring sale of tangible personal property, or services taxable hereunder by a person not engaged at the time of such sale in the business of selling such property or services. Any religious organization which makes a nonrecurring sale of tangible personal property acquired for the purpose of resale shall be deemed to be not engaged at the time of such sale in the business of selling such property. Such term shall include: (1) Any sale by a bank, savings and loan institution, credit union or any finance company licensed under the provisions of the Kansas uniform consumer credit code of tangible personal property which has been repossessed by any such entity; and (2) any sale of tangible personal property made by an auctioneer or agent on behalf of not more than two principals or households if such sale is nonrecurring and any such principal or household is not engaged at the time of such sale in the business of selling tangible personal property.
Isolated or occasional sale means the nonrecurring sale of tangible personal property, or services taxable hereunder by a person not engaged at the time of such sale in the business of selling such property or services. Any religious organization which makes a nonrecurring sale of tangible personal property acquired for the purpose of resale shall be deemed to be not engaged at the time of such sale in the business of selling such property. Such term shall include: (1) Any sale by a bank,
Isolated or occasional sale means the sale of tangible personal property by an individual if the property was originally bought by the individual or a member of the individual's family for the personal use of the individual or the individual's family, the individual is not required to be registered as a dealer under this Chapter, and the individual does not employ an auctioneer, broker, or factor to sell the property.
More Definitions of Isolated or occasional sale
Isolated or occasional sale means the nonrecurring sale of tangible personal property, or services taxable hereunder by a person not engaged at the time of such sale in the
Isolated or occasional sale means any of the following: (aaa) Six or fewer separate sales of taxable items at retail during
Isolated or occasional sale means the nonrecurring sale of tangible personal