Sales Tax Law means any law for the time being in force in any State or part thereof which provides for the levy of taxes on the sale or purchase of goods generally or on any specified goods expressly mentioned in that behalf, and "general sales tax law" means the law for the time being in force in any State or part thereof which provides for the levy of tax on the sale or purchase of goods generally.
The long-awaited amendment to the Wholesale Sales Tax Law ("WST Law") has final- ly become effective.
Sub Part 02 Gross Income Chapter 01 Employee and Accommodation Sales 100 When a person engaged in the business of selling any property or services taxable under the Sales Tax Law sells to his employees or others at discount prices for reason of accommodation, such sales are taxable retail sales.
When any such transportation company refuses to permit the examination of its records, as provided in this Section, the collector may proceed by rule against it, in term time or in vacation, in any court of LAC 61:I.4359.E Louisiana Sales Tax Law and Regulations 113 competent jurisdiction in the parish where such refusals occurred, to show cause why the collec- tor should not be permitted to examine its books, records or other documents.
Beginning July 1, 2002, for purposes of the imposition of the tax levied by any political subdivision of the state, the term "use" shall not include the purchase, the importation, the consumption, the distribution, or the storage of any tangible personal property which is to be R.S. 47:301(18) Louisiana Sales Tax Law and Regulations 33 leased or rented in an arm's length transaction in the form of tangible personal property.
In November, 2003, the High Court of the State of Lagos ruled in favour of the Lagos State Government, denying relief, in part, by declaring the Lagos Sales Tax Law valid only in respect of intra state trade while the federal VAT Law was declared valid only for inter state trade.