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.
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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 that makes a nonrecurring sale of tangible personal property acquired for the purpose of resale shall be
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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.
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Examples of Isolated or occasional sale in a sentence

  • 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.

  • Isolated or occasional sale'' means the nonrecurring sale of tan- gible 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.


More Definitions of Isolated or occasional sale

Isolated or occasional sale means the nonrecurring sale of tangible personal
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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
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Isolated or occasional sale means any of the following: (aaa) Six or fewer separate sales of taxable items at retail during
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Related to Isolated or occasional sale

  • Occasional sale means a sale of tangible personal property not held or used by a seller in the

  • LD or L/D means Liquidated Damages"LD or L/D" means Liquidated Damages "LSI" means Large Scale Industry"LSI" means Large Scale Industry

  • Permitted Occupier means any person on the Premises for any period expressly or by implication with the Tenant’s authority or permission.

  • Deadly weapon means any weapon, whether loaded or unloaded, from which a shot may be discharged, or a switchblade knife, gravity knife, billy, blackjack, bludgeon, or metal knuckles.

  • Optional Sale has the meaning assigned to that term in Section 2.07(c).

  • Licensed Nurse means an Oregon licensed practical or registered nurse.

  • Weapon means a firearm as defined in 18 USC §921 for purposes of the Gun-Free Schools Act. It also means any other gun, BB gun, pistol, revolver, shotgun, rifle, machine gun, disguised gun, dagger, dirk, razor, stiletto, switchblade knife, gravity knife, brass knuckles, sling shot, metal knuckle knife, box cutters, cane sword, electronic dart gun, Kung Fu star, electronic stun gun, pepper spray or other noxious spray, explosive or incendiary bomb, or other device, instrument, material or substance that can cause physical injury or death when used to cause physical injury or death.