Archive for May 24, 2012

Revenue Information Bulletin 12-027: Resale Certificate Renwal Process

The Louisiana Department of Revenue has issued Revenue Information Bulletin (RIB) 12-027, Resale Certificate Renewal Process:

Dealers with Louisiana Department of Revenue-issued resale exemption certificates must now renew their certificates online through the Louisiana Taxpayer Access Point (LaTAP) system. Resale dealers who are not registered for LaTAP should to do so in order to complete the renewal process. To register an account in LaTAP, visit LDR’s website at www.revenue.louisiana.gov/latap .

LDR will no longer issue the Limited Resale Dealer Certificate (Form R-1055). Instead, all dealers who renew their resale certificates will receive the Resale Dealer Certificate (Form R-1064). A Form R-1055 certificate will continue to be valid until the expiration date shown on it; vendors may accept it until the expiration date.

To read the full text of RIB 12-027, visit www.revenue.louisiana.gov.

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Revenue Ruling 12-003: Tax Collection by Veterinarians

The Louisiana Department of Revenue has issued Revenue Ruling 12-003, Tax Collection by Veterinarians:

The professional services of veterinarians in examining, diagnosing, and treating animals are not subject to the sales tax. Neither are the sales and use of pharmaceuticals administered to livestock used for agricultural purposes, except as otherwise provided in R.S. 47:301(16)(f). Sales of feed and feed additives for the purpose of sustaining animals which are held primarily for commercial, business, or agricultural use are exempted from taxation by R.S. 47:305 A(4). However, other pharmaceuticals, drugs, treatment devices, and tangible personal property used by veterinarians or furnished by veterinarians to animal owners, as a part of the professional services, are subject to sales and use tax. (The various exemptions found in R.S. 47:305 D, involving drugs, orthotic and prosthetic devices, and patient aids, cannot be extended to property prescribed, used, or sold by veterinarians in the care and treatment of animals.)

To read the full text of Revenue Ruling 12-003, visit www.revenue.louisiana.gov.

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Revenue Ruling 12-002: Coating, Wrapping, Galvanizing of Tangible Personal Property

The Louisiana Department of Revenue has issued Revenue Ruling 12-002, Coatin, Wrapping, Galvanizing of Tangible Personal Property:

The charges made for the coating, wrapping, and galvanizing of pipe and other types of property which have not previously been coated, wrapped, or galvanized are considered “fabrications” as contemplated by La. R.S. 47:301(12). This statute defines “sale” to include “any transfer of title or possession, or both, exchange, barter, conditional or otherwise, in any manner or by any means whatsoever, of tangible personal property, for a consideration, and includes the fabrication of tangible personal property for consumers who furnish, either directly or indirectly, the materials used in fabrication work …” [emphasis added]. Since these fabrication transactions are considered taxable sales, vendors are required to charge and collect sales tax on the gross proceeds from the coating, wrapping, and galvanizing transactions.

To read the full text of Revenue Ruling 12-002, visit www.revenue.louisiana.gov.

 

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