Renting of immovable property taxed when used for business or commerce; exclusions include residential, religious and certain educational uses. Services by way of renting of immovable property are taxable when the property is rented, let, leased, licensed or similarly arranged for use in the course of or furtherance of business or commerce. 'Immovable property' includes buildings, appurtenant land, incidental land and common areas but excludes certain vacant land, land used for education, sports, entertainment and parking, and buildings used solely for residential or accommodation purposes. Renting by or to religious bodies and renting to non-commercial educational bodies are excluded; permitting use of space is treated as renting.