Laws, Regulations & Annotations

Business Taxes Law Guide – Revision 2014
 

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   

B

150.0000 BUILDINGS AND OTHER PROPERTY AFFIXED TO REALTY—Regulation 1596

Annotation 150.0220

150.0220 Fixtures Included in the Sale of a Business. When the sale of a business includes buildings and land the following items are part of the realty, if attached:

(1) Planers and molding machines which are heavy equipment used in a sawmill,

(2) Carriage and circular saw, used in a sawmill for the first cutting of the logs,

(3) Compressor and heavy duty electric motor used in a grocery store in connection with a walk-in beer cooler,

(4) Service station hydraulic hoist. A small one-half horsepower bench grinder is considered as tangible personal property. 9/10/57.