Rule 560-12-4-.03 - Applicability of State Sales and Use Tax Act and Regulations(1) All sales and other transactions not taxable under the State Sales and Use Tax Act are not taxable under the Rapid Transit Tax. Similarly, all sales and other transactions exempt from the State Sales and Use Tax Act are exempt from the Rapid Transit Tax. (a)Example 1: A sale in interstate commerce by a Georgia dealer is not taxable under the State Sales and Use Tax Act. Consequently, such a sale would not be a taxable sale under the Rapid Transit Tax.(b)Example 2: A sale to the University System of Georgia is exempt under the State Sales and Use Tax Act. Consequently, such a sale is also exempt under the Rapid Transit Tax.(2) Regulations previously or hereafter adopted under the State Sales an Use Tax Act governing taxability under that Act shall apply under the Rapid Transit Tax unless inapplicable to the Rapid Transit Tax.(3) Regulations previously or hereafter adopted under the State Sales an Use Tax Act governing administrative or remedial procedures or requirements under that Act shall also apply to administration of the Rapid Transit Tax, unless inapplicable to the Rapid Transit Tax.Ga. Comp. R. & Regs. R. 560-12-4-.03
Ga. L. 1971, pp. 2082, 2083, 2084, 2092.
Original Rule entitled "Applicability of State Sales and Use Tax" was filed and effective on March 30, 1972 as Emergency Rule 560-12-4-0.2-.03, to remain in effect for a period not longer than 120 days, as specified by the Agency.Amended: Permanent Rule of the same title adopted superseding Emergency Rule 560-12-4-0.2-.03. Filed June 29, 1972; effective July 19, 1972.