Rule 15. - Computation of tax; federal taxes.

The Federal Retailer's Excise Tax Act levies an excise tax on the sale of fur and fur trimmed coats, cosmetics, leather goods, and jewelry, sold at retail, and requires the retailer to collect the tax from the user or consumer and remit same to the federal government. Where this tax is billed to the consumer, separately from the selling price of the items, the sales tax should be computed on the selling price excluding the Federal Retailer's Excise Tax.

Other federal excise taxes are levied on the producer or manufacturer rather than the consumer and may not be deducted from the selling price, even though the tax is invoiced separately to the user or consumer.

Federal processing taxes and taxes upon floor stocks are levied against, assessed upon, and paid by processors, importers or holders of floor stocks and are deemed to be a part of the selling prices thereof, and are likewise not to be deducted from the selling price.