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BTLG Table of Contents > Transactions and Use Tax Annotations > 800.0000 Application of Transactions (Sales) Tax and Use Tax > Annotation 800.0009.005

Transactions and Use Tax Annotations

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800.0000 Application of Transactions (Sales) Tax and Use Tax—Regulation 1823

Annotation 800.0009.005

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800.0009.005 Fixed Price Contract. When a lessee has agreed to pay "any applicable use tax," the contract is not for a fixed price. Rather, the amount of the lease receipts could be increased after the operative date of a districts transactions and use tax ordinance. This opinion is not altered by a contract having a handwritten notation "6%" above the word "applicable." In order for the lessor and lessee to avoid the increased tax rate, the word "applicable" would have to be lined out. 2/21/89.