Laws, Regulations & Annotations

Business Taxes Law Guide – Revision 2014
 

Sales and Use Tax Annotations


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L

330.0000 LEASES OF TANGIBLE PERSONAL PROPERTY—IN GENERAL—Regulation 1660

Annotation 330.2158

(a) IN GENERAL

330.2158 Donated Property. Costumes are donated to a lessor who alters them before renting. Sales tax reimbursement is paid on materials used to alter the costumes.

The lessor did not pay tax on the purchase price of the donated costumes since they were donated to the lessor. Therefore, the lessor is obligated to collect use tax on the rentals payable on these donated costumes. 6/10/94.