R 207.125 Deduction allowed for full credit or refund arising from cancellation of charge for transaction.

Rule 5. (1) The department shall allow a deduction on the return for a credit or refund issued by a person engaged in the business of providing an airport parking facility to a customer for a cancellation of the charge for the transaction only when the person engaged in the business of providing an airport parking facility gives a credit or refund for the full amount of the charge for the transaction and the reimbursement of the excise tax. (2) The department shall not allow a deduction for a partial credit or partial refund of the charge for the transaction and reimbursement of the excise tax.