§ 40-26-2 — Certain Municipal Privilege License Taxes Excluded in Computation of Tax

Municipal privilege license taxes which are levied and collected by the application of a flat percentage rate on gross sales or gross receipts from sales, and which are passed on directly by the licensee-seller to the purchaser-consumer or user shall be excluded from gross sales or gross receipts, as the case may be, in the computation of the state lodgings tax levied and imposed by this chapter.

Legislative History

(Acts 1965, No. 788, p. 1475.)