LAC 42:XV.557

LAC 42:XV.557. Computation of Rental Payments

Last amended: 2000Year: 2026Length: 70 wordsOfficial source

Cite as La. Admin. Code tit. 42, pt. XV, § 557

A. 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.
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