Georgia car rental versus lease sales tax

Georgia car rental versus lease sales tax When it comes to car rentals and leases, the first thing that needs to be determined are the definitions of both “rental,” and “lease.” These two terms cannot be used interchangeably, because they constitute two entirely different transactions, with two entirely different tax implications. For the purpose of […]

Georgia Fixed Asset Sales Tax Audit

Georgia Fixed Asset Sales Tax Audit A fixed asset sales tax audit is usually a part of a larger sales tax audit. This is actually the last stop in a sense that the auditor makes when they are looking to close the audit. Let’s start off by defining a fixed asset: Assets which are purchased […]