Important Notice: Service Contract for One or More Components, Systems, or Accessories for a Motor Vehicle - Taxable
This document serves as notice that the sales price of or the gross receipts derived from the sale or the renewal of a “service contract” sold at retail for one or more components, systems, or accessories for a motor vehicle is a service contract for tangible personal property which continues to be subject to the general 4.75% State, applicable local (2.00% or 2.25%), and applicable transit (0.50%) rates of sales and use tax. This notice is dated February 19, 2016.