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Business Taxes Law Guide—Revision 2024
Sales and Use Tax Annotations
A B C D E F G H I J L M N O P R S T U V W X
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315.0000 Installing, Repairing, Reconditioning in General—Regulation 1546
Annotation 315.0180
(a) In General
315.0180 Lease in Lieu of a Sale. A home furnishing store sells merchandise on a lease contract basis, the lease being in lieu of a sale, and taxable as a sale of the property covered by the lease. Installation charges, such as connecting a stove, a washing machine, laying carpets, etc., in the contract, are excludible from taxable gross receipts. 12/4/53.