Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2014
Sales and Use Tax Annotations
330.0000 LEASES OF TANGIBLE PERSONAL PROPERTY—IN GENERAL—Regulation 1660
(b) RENTAL RECEIPTS—ITEMS INCLUDED AND EXCLUDED
330.3335 Guaranteed Rentals. When a leasing contract provides for a guaranteed minimum period and the lessee is obligated to pay the full guaranteed rentals for that period, tax applies to the entire guaranteed rentals although partially collected through court judgment. 4/18/72.