TSIC 77—Rental activities

Where 77 sits

1. N Administrative and support services activities.
2. 77 Rental activities

Contains 4 narrower codes

• 771 Vehicle rental
• 772 Rental of personal and household items.
• 773 The rental of machinery, equipment, and other tangible goods.
• 774 A lease agreement for the operation of a product that includes intellectual property or a similar product.

What 77 includes

• The term "leasing activities" in this division refers to the activities of both renting and operating leasing of tangible and intangible assets, including various types of tangible goods such as automobiles, computers, consumer goods, industrial machinery and equipment, for which customers make payments on a case-by-case basis. This division is divided into four main groups: (1) Leasing of motor vehicles; (2) Leasing of sporting and recreational equipment and personal and household goods; (3) Leasing of other machinery and equipment used to conduct business, including other transportation equipment; and (4) Operating leasing of products containing intellectual property or similar products.

What 77 excludes

• Financial leasing activities are classified under class 6491.
• Real estate leasing is classified under real estate activities (Section L).
• Leasing of equipment with operators is classified according to the suitability of the activities carried out with that equipment, such as construction (Section F) and transportation (Section H).

77 in other systems