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.
In most cases, sales tax is charged after the total of items purchased is calculated. The sales tax percentage will be applied to the cost of everything a customer purchases. For example, if your local sales tax rate is 7.0 percent and a customer buys $100 worth of items, 7.0 percent on $100 is $7.00.The customer will be charged $107.00 for her purchases.or example, if your local sales tax rate is 7.0 percent and a customer buys $100 worth of items, 7.0 percent on $100 is $7.00. The customer will be charged $107.00 for her purchases.