Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2017
Sales and Use Tax Annotations
330.0000 LEASES OF TANGIBLE PERSONAL PROPERTY—IN GENERAL—Regulation 1660
(a) IN GENERAL
330.2250 Factory Built School Buildings. The purchaser of a factory-built school building who leases it to a school district and installs it on realty at a site furnished by the lessee is the consumer of the building and sales or use tax applies to 40% of the price paid to the seller of the building. The price subject to tax does not include any amount for placing the completed building on the site.
The lease of the building is a lease of real property and tax does not apply to the rental receipts. 9/2/92.