Georgia Car Rental Versus Lease Sales Tax
When it comes to car rentals and leases, the first thing that needs to be determined is the definition 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 TAVT, What is a “Lease” and “Rental”? […]
Georgia Fixed Asset Sales Tax Audit
What is a Fixed Asset Sales Tax Audit? A fixed asset sales tax audit is usually part of a larger sales tax audit. This typically represents the final stage of the process when the auditor is preparing to close the audit. Definition of Fixed Assets Fixed assets are assets purchased for long-term use and are […]