Montana Statutes
§ 15-68-210 — Nontaxability -- Lease For Subsequent Lease
15-68-210 . Nontaxability -- lease for subsequent lease. The lease of property is nontaxable if:
(1)the lease is made to a lessee who delivers a nontaxable transaction certificate; and
(2)the lessee does not use the property in any manner other than for subsequent lease in the ordinary course of business.
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Montana § 15-68-210 (Nontaxability -- Lease For Subsequent Lease) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 14, Ch. 544, L. 2003.
Nearby Sections
15
§ 15-68-101
Definitions§ 15-68-103
Presumption Of Taxability -- Value -- Rules§ 15-68-104
And 15-68-105 Reserved§ 15-68-107
Liability Of User For Payment Of Use Tax§ 15-68-108
And 15-68-109 Reserved§ 15-68-110
Collection Of Sales Tax And Use Tax -- Listing Of Business Locations And Agents -- Severability§ 15-68-202
Nontaxable Transaction Certificate -- Form§ 15-68-203
Through 15-68-205 Reserved§ 15-68-206
Exemption -- Government Agencies§ 15-68-208
Nontaxability -- Sale Of Property For Resale