In a letter ruling approved by David Gerragano the Commissioner of Tennessee department of Revenue on June 16th, 2022, it was determined that drugs sold in relation to a clinical trial are exempt from sales and use tax. While this letter ruling only can be directly applied to the specific taxpayer who requested clarity from the Department of Revenue, this could be a guiding light for taxpayers with similar circumstances.
Source: salestaxinstitute.com
Latest Posts in "United States"
- Sales Tax Horror Stories: Multi-Channel Selling and Marketplace Facilitator Nightmares
- Sales Tax Updates for Retailers: Delivery Fees, Exemptions, and 2025 Changes
- Trickiest countries in which to achieve compliance
- Maine Changes Sales Tax Timing for Leases Under New Implementation Rule
- Illinois Eliminates State Grocery Sales Tax, Allows Local 1% Tax Options
