15-68-207. Exemption -- isolated or occasional sale or lease of property. The isolated or occasional sale or lease of property by a person that is not regularly engaged in or that does not claim to be engaged in the business of selling or leasing the same or a similar property is exempt from the sales tax and use tax.
History: En. Sec. 11, Ch. 544, L. 2003.
Structure Montana Code Annotated
Part 2. Nontaxable Transactions and Exemptions
15-68-201. Nontaxable transaction certificate -- requirements
15-68-202. Nontaxable transaction certificate -- form
15-68-203. through 15-68-205 reserved
15-68-206. Exemption -- government agencies
15-68-207. Exemption -- isolated or occasional sale or lease of property
15-68-208. Nontaxability -- sale of property for resale
15-68-209. Nontaxability -- sale of service for resale
15-68-210. Nontaxability -- lease for subsequent lease