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Business Taxes Law Guide—Revision 2024
Sales and Use Tax Annotations
A B C D E F G H I J L M N O P R S T U V W X
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330.0000 Leases of Tangible Personal Property—In General—Regulation 1660
Annotation 330.3535
(b) Rental Receipts—Items Included and Excluded
330.3535 Property Taxes. Whereas lessee is required by the rental contract to pay for any personal property taxes assessed on the leased property, the amount so paid will be regarded as part of the taxable rental receipts whether the tax is assessed directly against the lessee or the lessor. The foregoing is only applicable when the rental receipts are subject to tax. 2/24/69.