There are exempted from the computation of the amount of the sales tax the rentals payable under a lease of tangible personal property (a) when such rentals are required to be included in the measure of the use tax or (b) when such property is situated outside this state.
Cal. Rev. & Tax. Code § 6390
Exemptions From Sales Tax
Applied in 2 court decisions — leading case Debtor Reorganizers Inc. v. State Board of Equalization (1976)
Most recently applied in Debtor Reorganizers Inc. v. State Board of Equalization (May 1976)
Added by Stats. 1965, 1st Ex
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.