Laws, Regulations & Annotations

Business Taxes Law Guide – Revision 2013
 

Uniform Local Sales and Use Tax Annotations

715.0000 AIRCRAFT COMMON CARRIERS AND WATERBORNE VESSELS—Regulation 1805

Annotation 715.0080

(a) MATTERS COMMON TO BOTH CATEGORIES

(1) General

715.0080 Leases. The exemption of common carriers does not apply to sales made to a firm owning and leasing aircraft to carriers. 10/4/56.