42-5012. Sales between affiliated
persons
In determining value as applied to sales from one to another of affiliated
corporations or persons, or other circumstances where the relation between the buyer and
seller is such that the gross proceeds from the sale are not indicative of the true value
of the subject matter of the sale, the department shall prescribe uniform and equitable
rules for determining the value upon which the tax shall be levied, corresponding as
nearly as possible to the gross proceeds from the sale of similar products of like
quality or character by other taxpayers where no common interest exists between the buyer
and seller, but otherwise under similar circumstances and conditions.
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