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BTLG Table of Contents > Sales and Use Tax Annotations > L > 330.0000 Leases Of Tangible Personal Property—In General > Annotation 330.3749

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330.0000 Leases of Tangible Personal Property—In General—Regulation 1660

Annotation 330.3749

(c) Continuing Sale and Purchase

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330.3749 Single Lease. A retailer who is a lessor of tangible personal property as to which neither sales tax reimbursement nor use tax has been paid is making a continuing sale of that property and must collect use tax from the lessee, notwithstanding the fact that the lessor may have entered into but one lease contract. 2/9/93.