REGULATIONS - PRIVILEGE AND EXCISE TAXES

Reg. ___-450.5. Rental, leasing, and licensing for use of tangible personal property: delivery, installation, repair, and maintenance charges.

(a) Delivery and installation charges in connection with the rental, leasing, and licensing of tangible personal property are exempt from the tax imposed by Section ___-450; provided that the provisions of Regulation ___-100.2 have been met.

(b) Gross income from the sale of a warranty, maintenance, or similar service contract in connection with the rental, leasing, and licensing of tangible personal property shall be exempt.

(c) Separately stated charges for repair not included as part of a warranty, maintenance, or similar service contract relating to the rental, leasing, or licensing of tangible personal property are exempt from the tax imposed by Section ___-450; however, such income is subject to the provisions of Sections ___-460 and ___-465, and the provisions of Regulation ___-465.1.