Laws, Regulations & Annotations

Business Taxes Law Guide – Revision 2014
 

Sales and Use Tax Annotations


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

Annotation 330.3240

(b) RENTAL RECEIPTS—ITEMS INCLUDED AND EXCLUDED

330.3240 Delinquent Rental Payment. When a lessor receives a delinquent rental payment, it will collect tax measured by that rental payment, unless it receives sufficient notification from its lessee that the lessee reported and paid tax on that particular delinquent payment directly to this state. The lessor remains liable for the payment of the tax in the event that the lessee did not report and pay his tax directly to the state when the rent was due. 8/25/65.