Use (of Tangible Personal Property definition

Use (of Tangible Personal Property means consumption or exercise of any other right or power over tangible personal property incident to the ownership thereof except the holding for the sale, rental, lease, or license for use of such property in the regular course of business. Sec. 8-601. (Reserved) Sec. 8-602. (Reserved) Sec. 8-610. Use tax: imposition of tax; presumption.
Use (of Tangible Personal Property means consumption or exercise of any other right or power over tangible personal property incident to the ownership thereof except the holding for the sale, rental, lease, or license for use of such property in the regular course of business.
Use (of Tangible Personal Property. MEANS CONSUMPTION OR EXERCISE OF ANY OTHER RIGHT OR POWER OVER TANGIBLE PERSONAL PROPERTY INCIDENT TO THE OWNERSHIP THEREOF EXCEPT THE HOLDING FOR THE SALE, RENTAL, LEASE, OR LICENSE FOR USE OF SUCH PROPERTY IN THE REGULAR COURSE OF BUSINESS. SEC. 3-05-006-0601. (RESERVED). SEC. 3-05-006-602. (RESERVED). SEC. 3-05-006-610. USE TAX: IMPOSITION OF TAX; PRESUMPTION.

Examples of Use (of Tangible Personal Property in a sentence

  • Gross Business Receipts from Rental, Lease, Licensing or Other Use of Tangible Personal Property Gross business receipts from rental, lease, licensing or other use of tangible personal property shall be attributable to the County if the property is in the County during the entire period of rental, lease, license or other use.

  • Rental, Leasing, and Licensing for Use of Tangible Personal Property MCTC § -450 imposes municipal privilege tax on the rental, leasing, and licensing for use of tangible personal property.

  • Use (of Tangible Personal Property) 601(Reserved)602(Reserved)610Use tax: imposition of tax; presumption.

  • Code 130.2010 (Persons Who Rent or Lease the Use of Tangible Personal Property to Others).

  • Section 101.021(2): Liability for the Condition or Use of Tangible Personal Property 62 5.

  • Previously, the MOL took a leadership role in resolving a significant number of housing and land ownership issues through the North East Housing Reconstruction Project.

Related to Use (of Tangible Personal Property

  • Tangible Personal Property means, in respect of any Person, all machinery, equipment, tools, furniture, office equipment, supplies, materials, vehicles and other items of tangible personal or movable property (other than Inventories and IT Assets) of every kind and wherever located that are owned or leased by the Person, together with any express or implied warranty by the manufacturers, sellers or lessors of any item or component part thereof and all maintenance Records and other documents relating thereto.