La. Admin. Code tit. 42 § XV-557
Current through Register Vol. 50, No. 11, November 20, 2024
Section XV-557 - Computation of Rental PaymentsA. If a retailer's rental payments for the business premises are contractually computed, in whole or in part, on the basis of a percentage of retail sales, and such computation of retail sales is not explicitly defined to include sales of tickets in a state lottery, the compensation received by the retailer from the lottery shall be considered the amount of retail sale for purposes of computing the rental payment.La. Admin. Code tit. 42, § XV-557
Promulgated by the Louisiana Lottery Corporation in The State Times on May 21, 1991, repromulgated LR 26:714 (April 2000).AUTHORITY NOTE: Promulgated in accordance with R.S. 47:9001 et seq.