You have to look at your leasing contract... For the correct answer.... Having said that.... Keep in mind that Leasing companies are providing an alternate form of financing, so they are not expecting to incur additional costs other than the equipment they are leasing / financing.
I would do the math and see if the 'rate' they are charging you for using this alternate form of financing is comparative to borrowing it from the bank......then I would pay the property tax... Otherwise I would try to duke it out with them, but that depends on how your leasing contract is written. Regards Faisal Imtiaz -----Original Message----- From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On Behalf Of RickG Sent: Sunday, January 04, 2009 12:53 AM To: WISPA General List Subject: [WISPA] equipment state property taxes Well, I thought I wouldnt have to worry about state property taxes on my equipment because it was leased, but I received a nice Christmas present from my leasing company in the form of a $1700 bill. They were billed from our local tax authority and in turn expect me to pay it. My CPA was surprised as well and said there may be some exceptions for Internet providers. Has anyone heard of this? -RickG ---------------------------------------------------------------------------- ---- WISPA Wants You! Join today! http://signup.wispa.org/ ---------------------------------------------------------------------------- ---- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/ -------------------------------------------------------------------------------- WISPA Wants You! Join today! http://signup.wispa.org/ -------------------------------------------------------------------------------- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
