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• apply to interest, late fees and similar income attributable to an installment sale or other transaction that occurred in the regular course of business. 9. Any amount paid for computer hardware and software that are sold to a United States federal or state government entity provided that such property was purchased within two years of the sale to said entity by the original purchaser who shall have been contractually obligated at the time of purchase to resell such property to a state or federal government entity. This deduction shall not occur until the time of resale and shall apply to only the original cost of the property and not to its resale price,.and the deduction shall not apply to any of the tangible personal property which was the subject of the original resale contract if it is not resold to a state or federal government entity in accordance with the original contract obligation. 10. Any receipts attributable to business conducted in another state or foreign country in which the taxpayer is liable for an income or other tax based upon income. "License Year" shall mean the calendar year for which a license is issued for the privilege of engaging in business. "Merchant" shall mean any person whose business, or any part of it, consists of buying, or otherwise acquiring, and selling, • leasing or otherwise disposing of goods, wares, merchandise, commodities, supplies, machinery, equipment or any other article of personal property. "Professional services" shall mean services performed by architects, attorneys -at -law, certified public accountants, dentists, engineers, land surveyors, surgeons, veterinarians, and practitioners of the healing arts (the arts and sciences dealing with the prevention, diagnosis, treatment and cure or alleviation of human physical or mental ailments, conditions, diseases, pain or infirmities) and such occupations, and no others, unless the Department of Taxation adds to the list in the BPOL guidelines promulgated pursuant to Virginia Code Section 58.1-3701. The word "profession" implies attainments in professional knowledge as distinguished from mere skill, and the application of knowledge to uses for others rather than for personal profit. "Purchases" shall mean all goods, wares and merchandise received for sale at each definite place of business or a wholesale merchant. The term shall also include the cost of manufacture of all goods, wares and merchandise manufactured by any wholesale merchant and sold or offered for sale. A wholesale merchant may elect to report the gross receipts from the sale of manufactured goods, wares and merchandise if it cannot determine the cost of manufacture or chooses not to disclose the cost of manufacture. • "Real estate services" shall mean providing a service for compensation with respect to the purchase, sale, lease, rental or Page 5 of 34