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Business Taxes Law Guide—Revision 2024
Sales and Use Tax Annotations
A B C D E F G H I J L M N O P R S T U V W X
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375.0000 Motion Pictures—Regulation 1529
Annotation 375.1095
(b) On and After September 22, 1988
(1) Generally
375.1095 Transfers of Master Reel and Submasters. The transfer of a master reel containing a "qualified motion picture" produced for commercial purposes is not a taxable sale when the transfer is before the qualified motion picture is exhibited or broadcast to its general audience. Sales of "submasters" used as release prints (broadcast dubs or air dubs) are taxable. Transfers of "submasters" used as protection copies are not taxable. 5/29/90.