Skip to code content (skip section selection)
(b) Gross income from the sale of a warranty, maintenance or similar service contract in connection with the rental, leasing and licensing of tangible personal property shall be exempt.
(c) Separately stated charges for repair not included as part of a warranty, maintenance or similar service contract relating to the rental, leasing or licensing of tangible personal property are exempt from the tax imposed by section 19-450; however, such income is subject to the provisions of sections 19-460 and 19-465, and the provisions of regulation 19-465.1.
(Ord. No. 6938, § 27, 4-25-88; Ord. No. 8784, § 30, 12-2-96)