The state of Virginia ruled that a lessor must collect and remit sales and use tax payments on leases even if the lessor only leases to one client and does not market or lease property to the public. Essentially, if a lease transaction qualifies as taxable under current law it is taxable regardless of the number of transactions or clients, even if the lessee owns the business of the lessor. (Ruling of Commissioner, P.D. 04-1, January 13, 2004.)