The pioneers at Agile Consulting Group submitted a revenue ruling request to the Tennessee Department of Revenue on behalf of for-profit healthcare facilities arguing that medicated wound dressings and gels, diagnostic testing kits, irrigation solutions, inhalation solutions, and intravenous (IV) solutions.
Non-medicated wound care products qualify for the state and state-administered sales and use tax exemption under Colo. Rev. Stat. § 39-26-717(2)(k). PLR 26-004 confirmed that this exemption applies for these products because a licensed physician prescribes the specific item to meet the patient’s clinical needs.
