Maine – Guidance on Lease and Rental Transactions

Update 1141 – Maine Revenue Services has updated its sales and use tax instructional bulletin for vehicle dealers to reflect recent legislative changes. In the state of Maine every lessor engaged in the leasing of tangible personal property is res… Continue reading Maine – Guidance on Lease and Rental Transactions

Maine – Guidance on Warranties, Service Contracts, and Maintenance Agreements

Update 1140 – Maine has updated its sales and use tax guidance on product warranties, service contracts, and maintenance agreements. The update is intended to address the tax treatment and responsibilities of retailers and customers regarding prod… Continue reading Maine – Guidance on Warranties, Service Contracts, and Maintenance Agreements