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20. <br /> <br />21. <br /> <br />22. <br /> <br />In the case of the sale or transfer of wireless telecommunication <br />equipment as an inducement to a consumer to enter into or <br />continue a contract for telecommunication services that are taxable <br />pursuant to this Chapter, "purchase price" means and shall be <br />limited to the monetary amount paid by the consumer and shall not <br />reflect any sales commission or other compensation received by <br />the retailer as a result of the consumer entering into or continuing a <br />contract for such telecommunication services. Nothing in this <br />subsection shall be construed to define "purchase price" as it <br />applies to the amount a retailer collects from a consumer who <br />defaults or terminates a contract for telecommunication services. <br /> <br />"Retailer" or "vendor" means a person doing a retail business, <br />known to the trade and public as such, and selling to the user or <br />consumer, and not for resale. <br /> <br />"Retail sale" includes all sales made within the state except <br />wholesale sales. <br /> <br />"Sale" or "sale and purchase" includes installment and credit sales <br />and the exchange of property as well as the sale thereof for money; <br />every such transaction, conditional or otherwise, for a <br />consideration, constituting a sale; and the sale or furnishing of <br />electrical energy, gas, steam, telephone, or telegraph services <br />taxable under the terms of this Chapter. Neither term includes: <br /> <br />a. A division of partnership or limited liability company <br />assets among the partners or limited liability company members <br />according to their interests in the partnership or limited liability <br />company; <br /> <br />b. The formation of a corporation by the owners of a business <br />and the transfer of their business assets to the corporation in <br />exchange for all the corporation's outstanding stock, except <br />qualifying shares, in proportion to the assets contributed; <br /> <br />c. The transfer of assets of shareholders in the formation or <br />dissolution of professional corporations; <br /> <br />d. The dissolution and the pro rata distribution of the <br />corporation's assets to its stockholders; <br /> <br />e. The transfer of assets from a parent corporation to a <br />subsidiary corporation or corporations which are owned at least <br />eighty percent by the parent corporation, which transfer is solely in <br />exchange for stock or securities of the subsidiary corporation; <br /> <br />f. The transfer of assets from a subsidiary corporation or <br />corporations which are owned at least eighty percent by the parent <br /> <br /> <br />