South Carolina § 12-36-100 "Sale" and "purchase".

South Carolina Statutes

§ 12-36-100 — "Sale" and "purchase".

South Carolina·Title 12 TAXATION·Ch. 36 SOUTH CAROLINA SALES AND USE TAX ACT

"Sale" and "purchase" mean any transfer, exchange, or barter, conditional or otherwise, of tangible personal property for a consideration including:

(1)a transaction in which possession of tangible personal property is transferred but the seller retains title as security for payment, including installment and credit sales;

(2)a rental, lease, or other form of agreement;

(3)a license to use or consume; and (4) a transfer of title or possession, or both.

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"Sale" and "purchase" mean any transfer, exchange, or barter, conditional or otherwise, of tangible personal property for a consideration including: (1) a transaction in which possession of tangible personal property is transferred but the seller retains title as security for payment, including installment and credit sales; (2) a rental, lease, or other form of agreement; (3) a license to use or consume; and (4) a transfer of title or possession, or both.

South Carolina § 12-36-100 ("Sale" and "purchase".) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.