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Business Taxes Law Guide—Revision 2024
Sales and Use Tax Annotations
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335.0000 Leases of Mobile Transportation Equipment— Regulation 1661
Annotation 335.0800
335.0800 Issuance of Resale Certificate—Mobile Transportation Equipment. A lessor of mobile transportation equipment (MTE) may issue a resale certificate for the limited purpose of reporting its use tax liability on the fair rental value basis. The lessor cannot issue a resale certificate in order to attempt to qualify for the exclusion provided in section 6009.1. If a lessor issues such a certificate to avoid payment of sales tax reimbursement, it owes tax on cost unless it makes a timely election to pay tax on fair rental value, which would have to be paid without regard to the location of the MTE during the lease. 5/7/97.