Common use of Section 326 Clause in Contracts

Section 326. DIRECT PAY PERMITS 22 Each member state shall provide for a direct pay authority that allows the holder of a direct pay 23 permit to purchase otherwise taxable goods and services without payment of tax to the supplier 24 at the time of purchase. The holder of the direct pay permit will make a determination of the 25 taxability and then report and pay the applicable tax due directly to the tax jurisdiction. Each 26 state can set its own limits and requirements for the direct pay permit. The governing board shall 27 advise member states when setting state direct pay limits and requirements, and shall consider 28 use of the Model Direct Payment Permit Regulation as developed by the Task Force on EDI 29 Audit and Legal Issues for Tax Administration.

Section 326. DIRECT PAY PERMITS 22 4 Each member state shall provide for a direct pay authority that allows the holder of a direct pay 23 5 permit to purchase otherwise taxable goods and services without payment of tax to the supplier 24 6 at the time of purchase. The holder of the direct pay permit will make a determination of the 25 7 taxability and then report and pay the applicable tax due directly to the tax jurisdiction. Each 26 8 state can set its own limits and requirements for the direct pay permit. The governing board shall 27 9 advise member states when setting state direct pay limits and requirements, and shall consider 28 10 use of the Model Direct Payment Permit Regulation as developed by the Task Force on EDI 29 11 Audit and Legal Issues for Tax Administration.

Section 326. DIRECT PAY PERMITS 22 17 Each member state shall provide for a direct pay authority that allows the holder of a direct pay 23 18 permit to purchase otherwise taxable goods and services without payment of tax to the supplier 24 19 at the time of purchase. The holder of the direct pay permit will make a determination of the 25 20 taxability and then report and pay the applicable tax due directly to the tax jurisdiction. Each 26 21 state can set its own limits and requirements for the direct pay permit. The governing board shall 27 22 advise member states when setting state direct pay limits and requirements, and shall consider 28 23 use of the Model Direct Payment Permit Regulation as developed by the Task Force on EDI 29 24 Audit and Legal Issues for Tax Administration.