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Business Taxes Law Guide—Revision 2024
Sales and Use Tax Annotations
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330.0000 Leases of Tangible Personal Property—In General—Regulation 1660
Annotation 330.1908
(a) In General
330.1908 Book Rentals. A taxpayer publishes annual compilations of real estate owners, purchasing the printing and all other components tax paid from the printer. The agreement with each subscriber provides that the transaction is a lease and that the book remains the property of the publisher. The previous year's edition is picked up when the new edition is delivered. The agreement and the publisher's method of operating confirm that the transactions are leases. Since the books are purchased tax paid and leased in the form in which they are acquired, tax does not apply to the charges to subscribers. 11/13/68.