Taxable sales definition

Taxable sales means gross sales less any exemptions and deductions specified in this Code.
Taxable sales means all transactions that are (or should be) taxed. Transactions that are not taxed due to the provision of an exemption certificate or other documentation on the part of the purchaser are not included in “taxable sales.”
Taxable sales means gross sales sourced to this state less any allowable deductions or exemptions.

Examples of Taxable sales in a sentence

  • For example, if a customer purchases a pair of pants costing $110, sales tax is due on the entire $110.20.12(3) Taxable sales.

  • Taxable sales or purchases exceeding $10,000 per month or $30,000 per quarter must report monthly.

  • An order is for immediate shipment notwithstanding that the shipment may be delayed because of a backlog of orders or because stock is currently unavailable to, or on back order by, the seller.231.15(3) Taxable sales.

  • If the State calculates the monetary economic nexus threshold based on something other than Gross, Retail or Taxable sales, the State should indicate what the State’s monetary economic nexus threshold is based on.

  • Taxable sales, sales of exempt goods and exempt transactions of taxable goods) IAK, a VAT dealer is engaged in manufacture of Cotton yarn and cloth.


More Definitions of Taxable sales

Taxable sales means sales subject to the state sales and services tax under chapter 422, division IV.
Taxable sales means sales subject to the
Taxable sales means all sales of alcoholic beverages, except beer, by any licensed distributor to a licensed wholesaler, whether such sales are consummated within or without this State. All such sales shall be presumed to be sales of such products for distribution, use or possession within the State of Oklahoma, and the burden of proof shall be upon the licensed wholesaler to prove otherwise.
Taxable sales means gross sales less any exemptions and deductions specified in this Chapter.
Taxable sales means the amount of sales of tangible goods or services arising from the Operations subject to Sales Tax.
Taxable sales means gross sales sourced to this state less any allowable
Taxable sales means any exchange of goods or services for money or other media of exchange initiated, consummated, conducted, or transacted within the Property that is subject to eligible Sales Tax under Article 12 of Chapter 5 of the Northglenn Municipal Code, but not including Accommodations Sales of five percent (5%), and not including food for consumption