10-45-29. Deduction allowed for sales refunds.
40 words·~1 min read·
/sd/title-10/chapter-10-45/10-45-29A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Refunds made by a retailer during the reporting period shall be allowed as a deduction in case the retailer included the receipts, for which a refund is made, in the net taxable sales or has previously paid the sales tax.