![]() ![]() ![]() This is similar to related parties in that the member must be directly or indirectly owned by a member of the Membership Organization. This includes the trading companies on the stock exchange. Leases by a membership organization to a member of such membership organization."Related" means companies under a parent corporation/person that owns 100% of the voting stock of subsidiaries either directly or indirectly. Leases of property where the lessor and lessee are members of the same related group.This exemption is not available to a transportation network provider, transportation network driver, or transportation network vehicle owner. The lease of a ground transportation vehicle if the lessor is subject to the ground transportation tax.Leases of medical equipment or appliances for the purpose of correcting or treating parts of his or her own body.Leases of property where the rental price is paid by inserting one or more coins or bills of U.S.Leases of "rolling stock" in interstate commerce by an interstate carrier for hire.Property that is leased from a party subject to certain occupation taxes.Property leased outside the city that is primarily used outside the city (50%).Charitable, Educational, and Religious Organizations.The ordinance differentiates between exempt lessees and exempt leases, rentals and uses. The Personal Property Lease Transaction Tax applies to businesses or individuals that either are a lessor or lessee of personal property used in Chicago.ĩ% of receipts or charges for all leases, including the non-possessory lease of a computer to input, modify, or retrieve data supplied by the customerħ.25% of charges for the non-possessory lease of a computer to input, modify, or retrieve data supplied by the customerĩ% of receipts or charges for other leasesĥ.25% of charges for the non-possessory lease of a computer to input, modify, or retrieve data supplied by the customer ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |