Tax Equity News

Missouri DOR Bungles Synthetic Lease | Norton Rose Fulbright - August 2014

Written by David Burton | August 11, 2014

David Burton discusses a recent ruling from the Missouri Department of Revenue that is intended to address the sales tax consequences of a synthetic lease transaction. Burton argues that the DOR misapplied the term ‘‘synthetic lease,’’ leaving taxpayers without reliable guidance.

Read the full article here.