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Sales Tax Compliance for
the Leasing Industry

Each industry faces specific sales and use tax complexities.
When you work with the experts at TaxConnex, you gain our
industry expertise and access to our customized solutions.

Who We've Worked With

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UPSOURCE Your Sales Tax Management to the Real Experts

Each business and industry face different complexities, but TaxConnex has years of experience to help you remain compliant. A few complexities specific to the leasing industry are:
Industry - Leasing | TaxConnex

Taxability Rules

Depending on whether you provide an operating lease or a finance lease, and in which state you are leasing into, the taxability of when and whether you apply sales tax to your charges will vary. Maintaining this across multiple states and jurisdictions can be quite the task. 

Situsing

The situs is the location in which a taxing event occurs. Maintaining this information for a leasing company can be difficult as the initial deployment of a piece of equipment is known; however, over time the equipment can move and thus the sales tax requirements can change.

Volume of Returns

Leasing companies by definition own products wherever they are being leased. As a result, they will need to comply with the sales tax rules in multiple states including filing sales tax returns everywhere they have a product. 

No matter what sales tax complexity you're facing, TaxConnex has the experience to help. Level up your sales tax management and talk to the real sales tax experts at TaxConnex!

Client Testimonial

Listen to why our client, Mark Kost of Force of Nature Clean, chooses to UPSOURCE their sales tax management to TaxConnex!

More Case Studies!

Let's Talk!

Interested in learning more about how TaxConnex can conquer the chaos of sales tax management? Ready to get started? Have more questions? Fill out the form to the right and one of our Sales Consultants will be in touch!

Contact Us

Our company does online sales and having the sales taxes in multiple states is so easy with the TaxConnex. Their service and support with all the filings and their knowledge of the various state sales tax laws is a huge relief every month.

Working with TaxConnex has been an amazing experience. Our relationship has allowed me to maintain my sales and use tax duties while also being able to tackle other projects without us having to hire an additional full-time employee to manage compliance and filings.

It’s important to have a partner that is open and honest with you. [Our practitioner] really does go above and beyond to handle everything for us. When I send them our monthly reports, they examine our data, ask me questions to double check that there aren’t any gaps or errors, and then file our reports. [Our practitioner] also goes the extra mile to make sure I understand everything and is always willing to jump on a call to simplify things for me when needed.

TaxConnex will register companies in different states for us. They'll handle the returns for us. They handle the payments for us, they will handle the notices. So it's a complete package as far as I'm concerned.

 

I can’t say enough about their service. I’ve been in the industry for a long time, and I’ve supervised people that do tax returns, even done them myself, but this [TaxConnex] is as good as it gets! Our core accounting system spits out two reports. We send them to our practitioner, we get a funds request within a day or two, and then I don’t think about it again. We went from no sales tax customer service to total customer service.

machinery max Conco | TaxConnex Dotmatics | TaxConnex TDS | TaxConnex Leasing | TaxConnex
Deb Hewitt - Machinery Max, Inc
Lorin Welsh - Sales Tax & Project Cost Accountant at Conco
Mercedes Collins - AR Specialist at Dotmatics
Cheryl Solaris - TDS
Anonymous - Controller at Leasing Division of Large Northeast Regional Bank