1965 Ordinances - Laserfiche WebLink

Home Browse Search

RULE 26: Hospitals and Sanitariums Hospitals and sanitariums are primarily engaged in the business of selling services and, for the purpose of the Ordinance, they are declared to be consumers or users of all tangible personal property purchased for use or consumption in connection with the operation of the institution, and the seller of tangible personal property to such institution must collect from it the tax levied by the Ordinance unless such institution is a charitable or nonprofit institution holding an exemption certificate issued to it by the Comfissioner. If a hospital or sanitarium operates any divisions that sell tangible personal property in competition with other businesses, such ~s a prescription department, cold drink stand, or similar department, then the hospital or sanitariu~ beco~s liable for the ~ax upon the gross receipts or gross proceeds derived from sales made by such department and must file regular monthly returns. RULE 27: Installation Sales Retailers of tangible personal property, who, in connection with their sales, contract for the installation of the articles so sold, are vendors of the articles and materials, in the same manner as in the case of articles sold without installation. Vendors so selling and stalling must make a segregation of that portion ofthe charge which is for tangible personal property sold, and that portion of the charge which is for installation. Failure to so segregate the charges will subject the entire amount to the tax. RULE 28: Collection of Tax on Credit and Installment Sales Persons making conditional sales, charged or installment sales must report the total selling price o£ such sales and pay the Sales Tax thereon in the monthly tax period in which the contracts of sales are entered into. The foregoing is true irrespective of the fact that such sellers arrange to receive payment of tax on installments~ or that contract may be discounted, or pledged with or sold to the finance company. No deductions for credit losses in cases of repossession are allowed under the Ordinance. RULE 29: Nonresident Purchaser (a) If a nonresident of the City of Portsmouth, Virginia, purchases articles of tangible personal property from a dealer in the City of Portsmouth, Virginia-, and the sale is completed in the City of Portsmouth, Virginia, the sale is not one o£ interstate co~nerce and is subject to the Sales Tax. It is imaterial that the trropert¥ purchased ~ri11 be later transported outside the City.