Texas Tax Code 151.151 – Resale Certificate
Current as of: 2024 | Check for updates
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Terms Used In Texas Tax Code 151.151
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
A purchaser may give a resale certificate for the acquisition of a taxable item if the purchaser intends to sell, lease, or rent it in the regular course of business or transfer it as an integral part of a taxable service performed in the regular course of business.