Is this property tax or sales tax? It sounds like the latter to me. If you have a fair market value lease then your lease company should have to eat this in my opinion (for what that's worth). If it is a dollar buyout lease then for all intents and purposes your lease is little more than a financing option and requires you to pay the taxes (again my opinion). I have faced similar issues in the past. I always make sure my sales taxes are paid up. We had a $20K nightmare over this previously. If you buy gear and it is for your company's use (not resale) then you own the gear and owe the sales taxes. There is no exemption for WISPs regarding sales taxes that I know of. Scriv
On Sat, Jan 3, 2009 at 11:52 PM, RickG <rgunder...@gmail.com> wrote: > 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/
