Amount received for return of empty containers
Sec. 4. (a) Each taxable year a taxpayer is entitled to deduct from
the taxpayer's gross receipts the amount paid by the taxpayer during
that taxable year for the return of an empty container of the type
customarily returned by the buyer of the contents for reuse as a
container.
(b) If a taxpayer is required to file quarterly gross receipts tax
returns, the taxpayer may claim the deduction provided by this
section on those returns.
As added by P.L.192-2002(ss), SEC.47.
Last modified: May 28, 2006