Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2016
Property Tax Annotations
205.0000 BUSINESS INVENTORY EXEMPTION
205.0110 Personnel and Equipment. Where a "lessor" provides his personnel to operate his equipment, he is providing a service rather than renting equipment, and the equipment would not be eligible for exemption even though the contract between the parties is denominated a "rental contract". C 2/16/1983.