Statutes, codes, and regulations
Indiana Administrative Code
Title 45 - DEPARTMENT OF STATE REVENUEArticle 2.2 - SALES AND USE TAX
Rule 45 IAC 2.2-4 - Retail Transactions of Retail Merchant
Section 45 IAC 2.2-4-34 - Auction sales; exclusion

45 Ind. Admin. Code 2.2-4-34

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Current through December 4, 2024
Section 45 IAC 2.2-4-34 - Auction sales; exclusion

Authority: IC 6-8.1-3-3

Affected: IC 6-2.5

Sec. 34.

In general, all sales of tangible personal property by any person engaged in the business of making sales at auction are taxable. This regulation [this section] excludes only occasional or isolated sales of tangible personal property on the premises of the owner in those instances where such tangible personal property was not acquired for resale.

45 IAC 2.2-4-34

Department of State Revenue; Ch. 4, Reg. 6-2.5-4-12 b (010); filed Dec 1, 1982, 10:35 am: 6 IR 25