Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 372.060 - "Sale" defined1. "Sale" means and includes any transfer of title or possession, exchange, barter, lease or rental, conditional or otherwise, in any manner or by any means whatsoever, of tangible personal property for a consideration.2. "Transfer of possession," "lease," or "rental" includes only transactions found by the Tax Commission to be in lieu of a transfer of title, exchange or barter.3. "Sale" includes: (a) The producing, fabricating, processing, printing or imprinting of tangible personal property for a consideration for consumers who furnish, either directly or indirectly, the materials used in the producing, fabricating, processing, printing or imprinting.(b) The furnishing and distributing of tangible personal property for a consideration by social clubs and fraternal organizations to their members or others.(c) The furnishing, preparing, or serving for a consideration of food, meals or drinks.(d) A transaction whereby the possession of property is transferred but the seller retains the title as security for the payment of the price.(e) A transfer for a consideration of the title or possession of tangible personal property which has been produced, fabricated or printed to the special order of the customer, or of any publication.