Ariz. Admin. Code § 15-5-131

Current through Register Vol. 30, No. 50, December 13, 2024

Section R15-5-131 - Lay-away Sales

Gross receipts from lay-away agreements shall be taxable when title or possession transfers to the purchaser or at the time receipts from the transaction are determined to be nonrefundable, whichever occurs first.

Ariz. Admin. Code § R15-5-131

Adopted effective August 9, 1993 (Supp. 93-3).