New law eliminates the requirement that Maine sales tax be paid upfront by a business when purchasing certain property (e.g., equipment) to rent out to consumers, instead allowing the tax to be paid over the use of a qualifying rental, “which eliminates the upfront financial burden on these business owners when acquiring rentable equipment.”
Source Deloitte
Latest Posts in "United States"
- Concerns Over Proposed Value Added Tax to Replace Texas School Property Taxes
- Alabama Eliminates Sales Tax on Adult Diapers, Reducing Costs for Caregivers and Families
- Eliminating Colorado State Sales Tax Vendor Fee and Appropriation Adjustment
- Rhode Island Introduces 7% Sales Tax on Short-term Parking Services Starting October 2025
- Indiana Rules AI Chatbot Subscription Services Exempt from Sales Tax