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Texas Sales and Use Tax: Taxation of Gift Certificate Exchange for Merchandise

  • Texas Comptroller of Public Accounts issued a ruling on sales and use tax
  • Tax is due when a certificate won at a charity auction is exchanged for merchandise
  • The certificate in question was not a coupon

Source: vitallaw.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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