Ga. Comp. R. & Regs. r. 560-12-2-.74
Premiums and Gifts
Published Jun 30, 1965Ga. L. 1937-38, Extra Sess., pp. 77, et. seq., as amended; Ga. Code Ann., Secs. 92-8405, 8406, 8409, 8427; Ga. L. 1951, pp. 360, 385; Ga. Code Ann., Sec. 92-3438a.RULES OF DEPARTMENT OF REVENUE
Rule 560-12-2-.74. Premiums and Gifts
- (1) Donors of tangible personal property are users or consumers and purchases by them are taxable, including purchases of gifts for advertising purposes.
- (2) The tax applies to the cost price of property purchased originally for resale and later used as a gift.
- (3) The tax applies to purchases of property to be awarded as prizes at the cost price of such property.
Authority: Ga. L. 1937-38, Extra Sess., pp. 77, et. seq., as amended; Ga. Code Ann., Secs. 92-8405, 8406, 8409, 8427; Ga. L. 1951, pp. 360, 385; Ga. Code Ann., Sec. 92-3438a.
History. Original Rule was filed on June 30, 1965.