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Events | 2016.04.15

South Carolina Imposes Sales Tax on Optional Damage Waiver Fees

Ryan is an award-winning global tax services firm, with the largest indirect and property tax practices in North America and the seventh largest corporate tax practice in the United States. (PRNewsFoto/Ryan) DALLAS, April 15, 2016 /PRNewswire/ -- A South Carolina administrative law court ("Court") ruled that optional damage waivers purchased with equipment rentals were subject to sales tax. The rental company argued that waiver fees were not part of its rental receipts because the waiver was...


 

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http://www.prnewswire.com/news-releases/[...]age-waiver-fees-300252408.html

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