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Taxes

Florida Legislature Approves Car Rental Tax Break

The legislation would offset car rental companies’ increase to state corporate income as a result of tax reform legislation of 2017, which prevented corporations’ ability to defer taxes for like-kind exchanges.

NY Budget Includes Car Rental Surcharge

The fee will fund renovations to Upstate New York transit. However, the legislation does not address last year's FAA reauthorization, which includes an amendment that ensures taxes imposed at airports be levied only for airport purposes.

Uber Backs Georgia Ride-Hailing Fee

While the bill did not get the endorsement of the state's transportation board, Uber backed the legislation, as the company says its services are complementary to public transportation.  

Utah Lawmakers Move to Regulate P2P Carsharing

Similarly, Salt Lake City is expected to pass an ordinance today that will levy fines between $500 and $1,000 on peer-to-peer carsharing companies that operate at Salt Lake City International Airport without authorization.