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
330.2376 Nintendos and Segas. Leases of Nintendos, Segas, and/or software are not within the exemptions for video cassettes, video tapes, and video discs provided by Regulation 1660(b)(1)(A). Leases of Nintendos, Segas, and/or software fall under the general leases of tangible personal property. If leased in the same form as acquired, tax is due on the rental receipts or the purchase price of the property as set forth under Regulation 1660(c)(2). 6/15/90; 7/10/96.