Texas law with regard to leased vehicles and no tax by leasee

[max_g]

@alumiere

Also, sales tax? This is a lease, not a sale. You only pay sales tax when an entity has a resale sales license which you dont need to lease a car. This scenario is only property tax, paid by the company who bought it and whose property it remains. There should be zero tax on a lease according to Texas law?

You realize you’ll pay both sales and property tax right?

[valek.jw]

That has nothing to do with sales tax. It’s to prevent you from paying a personal property tax. I fill it out every time I lease a vehicle in TX.

[valek.jw]

@alumiere

I have always leased

If paying sales tax wasn’t the norm, you wouldn’t have done it with your previous leases.

[alumiere]

Good tip!!