§ 44-18-26 - Tax on retailer's use of merchandise.
SECTION 44-18-26
§ 44-18-26 Tax on retailer's use ofmerchandise. – If a person who gives a certificate consumes or makes any storage or use ofpurchased property other than retention, demonstration, or display whileholding it for sale in the regular course of business, the storage, use, orconsumption is subject to the sales or use tax, as the case may be, as of thetime the property is first stored, used, or consumed, and the cost of theproperty to the purchaser is the measure of the tax.