Texas – Qualifying Exempt Organizations and Real Property Improvements: Understanding When Incorporated Materials Can Be Purchased Tax Free

This article will provide guidance on the exemption for incorporated materials used in performing real property improvements for a governmental entity or qualified religious, educational and public service nonprofit organization. Buying Incorporated Materials Certain incorporated materials can be purchased tax free when performing Continue reading Texas – Qualifying Exempt Organizations and Real Property Improvements: Understanding When Incorporated Materials Can Be Purchased Tax Free

Missouri – Taxability of Leased Medical Equipment

SALT Report 2805 – The Missouri Department of Revenue issued a letter ruling regarding the application of sales and use tax to medical equipment that is leased to medical professionals. When the Taxpayer leases the equipment it offers its customers Continue reading Missouri – Taxability of Leased Medical Equipment

New York – Conditional Sales or Lease Agreement

SALT Report 2794 – The New York Department of Taxation and Finance issued an advisory opinion regarding whether a Taxpayer’s agreement constitutes a lease or a conditional sale of computer hardware, software, and office furniture. At issue in this case Continue reading New York – Conditional Sales or Lease Agreement

Maine – Aircraft Exemption Extended

SALT Report 2692 – Recently enacted legislation in Maine extends the exemption for the sale, use, or lease of aircraft and the sale of repair or replacement parts used to overhaul or rebuild aircraft or aircraft parts and components until Continue reading Maine – Aircraft Exemption Extended

Washington – Sales Tax Paid by Lessee Results in Audit Adjustment

SALT Report 2688 – The Washington Department of Revenue issued a ruling regarding a sales tax assessment against a Taxpayer who rented cranes in Texas for use in Washington State. The Taxpayer in this case, rented the cranes from a Continue reading Washington – Sales Tax Paid by Lessee Results in Audit Adjustment

Massachusetts – Taxability of Mobile Laser Eye Equipment

SALT Report 2258 – The Massachusetts Commissioner of Revenue issued a letter ruling regarding the application of sales and use taxes to the transfer of mobile laser eye equipment and certain services provided by the Taxpayer to Medical Service Providers Continue reading Massachusetts – Taxability of Mobile Laser Eye Equipment

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