LD 356
pg. 2
Page 1 of 2 An Act to Change the Sales Tax Treatment of Rentals of Audio Equipment and Furn... LD 356 Title Page
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LR 295
Item 1

 
SUMMARY

 
This bill changes the sales tax treatment of rentals of audio
equipment and furniture. Currently, the purchase of audio
equipment and furniture by rental businesses is subject to a
sales tax; the rental transaction is not subject to sales tax.
Under this bill, the rental transaction would be subject to sales
tax; the purchase by the rental business would not.


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