"Doug, The actual bill chapter 1, section 2-Definitions, (14) (A) (i). Leaseholds are taxable as a service so I would say yes rents are taxable. Also check the Plain English version under taxable property and it also says a leasehold or any term or…"
Replace All Federal Taxes on Income with the Fair Tax Act of 2011, HR 25 & S 13
Douglas L. Harris's Page
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Douglas L. Harris commented on John Pierce's group NC DISTRICT 6"This may not be the correct place to ask this question, but here goes anyway. Can anyone tell me if rent is taxed under the FairTax? I haven't been able to find anyone who can answer this question. Is it considered a taxable service?"
Douglas L. Harris commented on John Pierce's group NC DISTRICT 6"Thanks for the invite! Happy to be here! Wow! If we had the FairTax right now, we sure would be in a better situation. Obama wouldn't be able to punish some while rewarding others. Also, in my opinion, the FairTax is the answer to the illegal…"
Jim Tomasik left a comment for Douglas L. Harris"Hello Douglas,
Welcome to the site.
Please join your states group under the 'Groups' tab at the top. We are planning a huge year for the FairTax in 2009 so you came to the right place.
Please invite every FairTax supporter you know to…"
Profile Information
- Name or Internet Handle
- Doug
- City, Town or County
- Mebane
- State / U.S. Territory
- NC
- Zip Code
- 27302
- If you twitter, what's your twitter name?
- CavTrooper
Comment Wall (2 comments)
- At 5:55am on March 4, 2009,
Bill Tidwell said… - Doug, The actual bill chapter 1, section 2-Definitions, (14) (A) (i). Leaseholds are taxable as a service so I would say yes rents are taxable. Also check the Plain English version under taxable property and it also says a leasehold or any term or rents. This is just my interpretation so don't let it be the final word. Keep checking.
Bill
- At 4:46pm on February 24, 2009, Jim Tomasik said…
- Hello Douglas,
Welcome to the site.
Please join your states group under the 'Groups' tab at the top. We are planning a huge year for the FairTax in 2009 so you came to the right place.
Please invite every FairTax supporter you know to join as well. We want to build an army of supporters as quickly as we can.
Thanks for Joining FairTax Nation!
Jim Tomasik
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