One of the thorniest issues in Texas sales and use tax is the distinction between the rental of tangible personal property (which is subject to tax) and the provision of a service (which is only taxable if the service is taxable). This distinction not only affects the taxability of charges for the rental or service but also that of equipment that is purchased to provide the rental or service.
Source: taxconnections.com
Latest Posts in "United States"
- USA and Taiwan Unite: A Landmark Agreement to Transform Semiconductor Manufacturing
- Texas Sales Tax Audit Risks: Key Strategies for Restaurant Franchisees to Minimize Exposure
- Zero-Emission Transit Buses to Be Fully Taxed in California Starting January 1, 2026
- Crowdfunding and Sales Tax: Essential Rules Creators Must Know to Stay Compliant
- Which Organizations Qualify for Sales Tax Exemption? State-by-State Rules and Certificate Guide
