VATupdate

Washington: Aircraft Purchased and then Leased to Affiliate Qualifies for Resale Exemption

A limited liability company was deemed to have entered into a true lease of an aircraft within the meaning of WAC 458-20-211 under the provided facts, even though it was wholly owned by the chief executive officer and minority shareholder of the...

Latest news

Advertisements:

  • AXWAY - VATupdate Banner
  • VATupdate.com

Sponsors:

VAT news