Clips from the Clerk, 04/11

New sales tax legislation for leased vehicles

Effective Dec. 1, 2018, lessors must collect all taxes based on the home of the lessee, not just taxes shared in common with the lessor or dealer address. The sales tax for leased vehicles will now be configured using the home address for the lessee instead of the lessor or dealer address.
Lessors are being given a grace period through May 31, 2019 to implement this change, meaning some lessors will continue to collect only for jurisdictions in common.
NOTE: This process only applies to vehicles that are leased.


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