86 Ill. Adm. Code 150.320 — Meaning of "Acquired Outside This State"

# Meaning of "Acquired Outside This State"

TITLE 86: REVENUE CHAPTER I: DEPARTMENT OF REVENUE PART 150 USE TAX SECTION 150.320 MEANING OF "ACQUIRED OUTSIDE THIS STATE"

Section 150.320 Meaning of "Acquired Outside This State" "Acquired outside this State", as used in the various tax exemption and tax credit provisions in the Use Tax Act, in addition to its usual and popular meaning, shall include the delivery, outside Illinois, of tangible personal property that is purchased in this State and delivered from a point in this State to the point of delivery outside this State. (Source: Amended and effective March 12, 1976)

Section 150.320 Meaning of "Acquired Outside This State"

"Acquired outside this State", as used in the various tax exemption and tax credit provisions in the Use Tax Act, in addition to its usual and popular meaning, shall include the delivery, outside Illinois, of tangible personal property that is purchased in this State and delivered from a point in this State to the point of delivery outside this State.

(Source: Amended and effective March 12, 1976)