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Rule 302 Repealed and Replaced

June 16, 2010
compass
MRS Rule 302 ("Sales to Government Agencies and Exempt Organizations") has been repealed and replaced.


The new rule, which became effective on June 13,
establishes clear procedures that Maine retailers must follow in order to
document sales that are exempt by law from sales tax. Specific recordkeeping
requirements are broken down by category of purchaser (government and
nongovernmental exempt entity) and by method of payment (purchase order, cash,
check, credit/debit card).

The text of the new Rule 302 can be found on the MRS web site at
www.maine.gov/revenue (select Laws & Rules).