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To: alnick

I don't think rental property would be taxable under NSRT.

Since the the property rented (its a business asset not taxed under a Retail Sales Tax ) is not taxed, the NRST is collected from the renter on the basis of the rent paid, taxable as a service.

152 posted on 03/08/2005 11:24:29 AM PST by ancient_geezer (Don't reform it, Replace it!!)
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To: ancient_geezer

Okay. Thanks for clearing that up.


190 posted on 03/08/2005 11:46:44 AM PST by alnick (Rice 2005: We've only just begun to see what Freedom can achieve.)
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