Computed Taxable Income Taxable income less computed taxable income equals your deduction for tax collected. This is a tax on items that were purchased or rented without paying sales tax. The purchased or rented items become taxable when they are used, stored or consumed within the City. Most commonly, purchases or rentals from out of state vendors will fall into this category. The use tax does not apply to purchases or rentals which are resold or released in the normal course of business.
Businesses are responsible for computing and paying use tax.
This material is available in alternate formats upon request.