Laws, Regulations & Annotations

Business Taxes Law Guide – Revision 2013
 

Sales and Use Tax Annotations


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L

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

Annotation 330.2660

(a) IN GENERAL

330.2660 Possession Retained by Owner. A person engaged in rendering services is the consumer of the tangible personal property used by him in rendering the service even though it may be delivered to the customer's premises and actually used there when possession, custody, and license to use the equipment remains totally in the hands of the owner or his employees. Such a transaction is not a lease for purpose of sales and use tax. 5/16/66.