GAIN, part of the FDA Safety and Innovation Act that was signed into law in July 2012, allows for a drug to be classified as a qualified infectious disease product (QIDP) that, in turn, moves up the PDUFA review decision date by two months and, if approved, provides companies with five additional years of market exclusivity to recoup their investments.
Like the manufacturers' sales tax, the wholesale sales tax ordinarily excludes services, although sales of gas and electrical energy are sometimes included. 3. RETAIL SALES TAX: A retail sales tax is one which applies to sales at retail of tangible personal property to final consumers and industrial users.
1 The seller is liable to the Department of Revenue for sales tax, whether or not it is collected. 2  Use tax is paid by the consumer when the retail sales tax was not collected by the seller/service provider.  Businesses that make a purchase for resale must provide a reseller permit to the seller.