Circuit City Stores, Inc. v. Director of Revenue, consolidated with)Dillard's, Inc. v. Director of Revenue

LAURA DENVIR STITH, Judge.

Circuit City and Dillard’s offered customers the opportunity to finance then-purchases through private label credit cards. The cards were issued by banks with which each retailer had negotiated agreements. The bank immediately paid to the retailer the full amount of the pur chase, including sales tax, for each transaction made using the private label credit card. The retailer then remitted the applicable sales tax to the State. A customer’s payments on the credit card went to the issuing bank. If a customer failed to pay his or her credit card debt, the issuing bank…