There is a newer version
of
this Section
2018 Idaho Statutes
Title 63 - REVENUE AND TAXATION
Chapter 36 - SALES TAX
Section 63-3622UU - PERSONAL PROPERTY TAX ON RENTALS.
Universal Citation: ID Code § 63-3622UU (2018)
63-3622UU. PERSONAL PROPERTY TAX ON RENTALS. The taxes imposed by this chapter do not apply to charges for personal property tax added to the rent paid for leases of tangible personal property. This exemption applies if:
(1) The lessor separately states the charge for property tax to the lessee; and
(2) The amount charged to the lessee is not more than the property tax actually paid by the lessor; and
(3) The lease agreement is for an initial period of one (1) year or longer.
History:
[63-3622UU, added 2008, ch. 92, sec. 1, p. 258.]
Disclaimer: These codes may not be the most recent version. Idaho may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
