Do I owe use tax on inventory items that are temporarily used in a taxable manner?
Yes. If an inventory item is temporarily taken out of inventory and used in a taxable manner, you owe use tax on the value of the temporary use. The consumer is to determine this value but it is subject to redetermination by the Tax Commissioner.
|
|
|
|
|
|
|
|
|
|
|
|
|