Tagged taxes
By Staff, May 2012
Businesses with extensive asset portfolios that routinely dispose of assets on a regular basis at a gain (e.g., equipment leasing or rental car companies) may decide to set up an LKE program to access the gain deferral allowed under Section 1031.
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November 7, 2011 in Legislative
Now that construction for the Smith Center for the Performing Arts is ‘on budget,’ the council unanimously approved a $1.5 million reallocation of a rental car tax that had last been designated to help build the center.
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By Chris Brown , September 2011 in Rental Operations
Budget licensee uses like-kind exchange program to avoid a tax burden for
2012 as a result of the discontinuation of bonus depreciation.
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By Staff, September 2011
In the fourth incarnation of the Global Business Travel Association’s travel tax study, the average overall effective tax rate on car rentals has gone down for the first time — but don’t call it a trend.
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August 29, 2011 in Rental Operations
This free webinar Wednesday, Sept. 22 from WTP Advisers will outline how to implement a like-kind exchange program and the benefits of this tax strategy.
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July 22, 2011 in Rental Operations
Research finds that taxes targeting travel services increase cost by 56 percent.
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March 22, 2011 in Legislative
Some say lawmakers should keep their promise and end the taxes, which helped pay for a baseball stadium. Others want the taxes to continue for other purposes.
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March 21, 2011
Newspaper writes that lawmakers would break a vow by continuing the tax to fund a baseball stadium.
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March 3, 2011 in Legislative, Rental Operations
In addition to rental cars, taxes have been increasing on hotel rooms, restaurant meals, and local sales taxes in resort areas.
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By Chris Brown , December 2010
Should Congress have let the hybrid, diesel and CNG tax credit die while keeping the ethanol fuel credit?
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