Revenue and Taxation Code Section 6012.3

6012.3.  For purposes of this part, “gross receipts” and “sales price” do not include that portion of the sales price returned to the purchaser of a used motor vehicle or the purchase price for the purchase of a contract cancellation option pursuant to Section 11713.21 of the Vehicle Code.

(Added Sec. 6, Ch. 128, Stats. 2005. Effective January 1, 2006. Operative July 1, 2006.)