Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2013
Sales and Use Tax Annotations
295.0000 GROSS RECEIPTS
295.1012 Software Licenses. When the taxpayer allows customers who lease canned software a 50% credit of the lease payments toward the purchase price of the product, the measure of tax is the actual sales price of the property. In this case, the sales price is the amount after the 50% credit for the previously paid lease payments is subtracted from the purchase price of the software. 6/2/89.