---
urn: urn:us-la:rs:9:3362
citation: "R.S. 9:3362"
status: active
breadcrumb: "Title 9 › Code Preliminary Title › Code Book III › Code Title IX › Chapter 3"
acts_citations:
  - { year: 1991, number: 204, section: 1, effective_date: 1992-01-01, role: enactment }
---

# Taxes

Rental-purchase agreements, as defined by R.S. 9:3352, shall be deemed to be sales for state and local tax purposes only. The tax due on such transactions shall be payable in equal monthly installments over the entire term of the rental-purchase agreement, rather than at the inception of the agreement.