Whether the agreement is a lease or a conditional sales contract depends upon the intent of the parties. lntent is determined ... To file for an advance ruling, follow the instructions in Revenue Procedure 75-28, 1975-1 C.B. 752, as modified by ... Taxes on Leased Property lf you lease business property, you may deduct as additional rent, taxes that you have to pay to or ... This is generally determined by state or local law, and also by the lease agreement. Example. Oak Corporation is aanbsp;...
|Title||:||Tax Guide for Small Business|