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 330.3075

(a) IN GENERAL

330.3075 Video Cassettes, Tapes and Discs. The lease of video cassettes, tapes or discs to libraries, churches, schools and business to exhibit to their respective patrons, congregations, students and customers is not a sale pursuant to section 6006(g)(1). The exception provided by section 6006(g)(7) does not apply because the lessee obtains the right to "exhibit" the video cassette. The lessor is the consumer of the video cassette. 12/20/90.