Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2013
Sales and Use Tax Annotations
335.0000 LEASES OF MOBILE TRANSPORTATION EQUIPMENT— Regulation 1661
335.0084.500 Transfer of Leased MTE. An out-of-state firm leased four three-axle trucks to Company A. Company A is opening a branch in California and plans to transfer the leased trucks to the California location. The out-of-state firm indicates that the trucks have been used at the out-of-state location for at least four months. Since the trucks are mobile transportation equipment and they were used outside the state for more than 90 days prior to entry into California, no sales or use tax is due upon transfer of the vehicles to California; nor is any sales or use tax due on rental receipts. 5/18/97.