New York Codes, Rules and Regulations
Title 20 - DEPARTMENT OF TAXATION AND FINANCE
Chapter IV - Sales And Use And Other Miscellaneous Taxes
Subchapter A - Sales And Use Taxes
Part 526 - Definitions
Section 526.3 - Purchase at retail
Current through Register Vol. 46, No. 12, March 20, 2024
Tax Law, § 1101(b)(1)
The term purchase at retail means a purchase by any person of tangible personal property or services, for any purpose other than:
(a) for resale of the property or services as such or when the property is purchased for resale as a physical component part of tangible personal property; or
(b) for use by the purchaser in performing services subject to the tax under section 1105(c)(1) (2) (3) or (5) of the Tax Law where the property becomes a physical component part of the property upon which the services are performed or is later actually transferred to his customer in conjunction with the taxable services performed.
Cross-reference:
See definition of retail sale, section 526.6 of this Part.
