Quote:
Originally Posted by M3_WC
Quote:
Originally Posted by Red Bread
In TX you pay sales tax on the full sales price at the start of the lease and again on the residual amount if you buy it at the end. Makes it better to just turn it in in most cases.
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Leasing in Texas is BS. Double taxation. How is this allowed to go on? |
It's based around the change in title. You can do a flexible lease that doesn't get you double taxed. We're tacking six months onto our F30 preferred lease to wait for the 2019 Q3 and won't have to pay tax on that extension.