Section R15-5-111. Consignment Sales

A.      The following definitions apply for purposes of this rule:

1.        “Consignee” means the party that is in the business of selling tangible personal property belonging to a con- signor.

2.        “Consignor” means the party with the legal right to con- tract the services of the consignee to sell tangible per- sonal property on behalf of the consignor.

B.       Gross receipts from consignment sales are subject to tax under the retail classification.

C.      A consignee shall obtain a transaction privilege tax license before making consignment sales.

Historical Note

Renumbered from R15-5-1808 and amended effective August 9, 1993 (Supp. 93-3). Amended by final rulemak-

ing at 12 A.A.R. 4099, effective December 4, 2006

(Supp. 06-4).