New York – Sales Tax Resale Exclusion To Purchases Of Equipment By Cable And Satellite Television Service Providers

SALT Report 3325 – The New York Department of Taxation released TSB-M-(3)S to clarify that rental boxes provided by a cable company could be purchased for resale.  The terms of the documented rental agreement satisfied the criteria necessary to be recognized as a valid lease as opposed to a consumable item used by the cable company in the provision of their services.

For Further Information:

TSB-M-14(3)S March 7, 2014