10-45-1.1. Gross receipts not to include late charge fees.
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/sd/title-10/chapter-10-45/10-45-1-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For purposes of the tax imposed by this chapter, gross receipts do not include any fees or other interest imposed by a retailer for late charges on overdue accounts, no account, or nonsufficient funds checks.