1st retail sale
Defined in 1 place of the United States Code.
For purposes of this subchapter, the term “1st retail sale” means the 1st sale, for a purpose other than resale, after manufacture, production, or importation.
Source
- 1994–present26 U.S.C. § 4002Internal Revenue Code · 1st retail sale; uses, etc. treated as sales; determination of price · for purposes of this subchapter