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Maine Applies 5.5% Sales Tax to Specific Tangible Property Rentals

  • Maine passes H.P. 1278 L.D. 2000 affecting sales tax on rentals
  • Certain leases or rentals of tangible personal property now taxed at 5.5%
  • New tax rule effective from January 1, 2025
  • Previously, tax was paid by lessors at purchase, not charged to lessees during rental

Source: sovos.com


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Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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