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BTLG Table of Contents > Sales and Use Tax Annotations > B > 150.0000 Buildings And Other Property Affixed To Realty > Annotation 150.0300

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150.0000 Buildings and Other Property Affixed to Realty—Regulation 1596

Annotation 150.0300

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150.0300 Leased Premises—Sale of Machinery, Equipment and Fixtures Installed on. Although a lessee is permitted or required to remove fixtures upon terminating an oil lease the transfer of casing, tubing, derricks, pipes, valves, fittings and other appurtenances attached or affixed to the property constitute fixtures and are nontaxable, providing they are transferred with a lease of indeterminate duration. 11/8/68.