### Question
How is the term first retail sale defined?


### Answer
The term **first retail sale** is defined in *26 U.S.C. § 4052* as the following:

> the first sale, for a purpose other than for resale or leasing in a long-term lease, after production, manufacture, or importation

#### Citation:
  - *26 U.S.C. § 4052*
  - Heading: **Subtitle D-Miscellaneous Excise Taxes > CHAPTER 31-RETAIL EXCISE TAXES > Subchapter C-Heavy Trucks and Trailers**

