cant find the answer anywhere.
Are monthly installment sales taxes due with the lease to own program? Or is sales taxes due upfront like with ATT next.
It would suck to pay full sales taxes on $850 phone. Yet pay $40.75 x 12 months ($489 total) before trading it in again.
So in my state Florida. It's 6% sales taxes plus whatever county sales taxes usually 0.5-1%. For total of 7% sales taxes.
If I am paying 7% sales taxes on the full $850. That's over $20 extra in sales taxes I would have to pay if trading phone in at 12 months.
Are monthly installment sales taxes due with the lease to own program? Or is sales taxes due upfront like with ATT next.
It would suck to pay full sales taxes on $850 phone. Yet pay $40.75 x 12 months ($489 total) before trading it in again.
So in my state Florida. It's 6% sales taxes plus whatever county sales taxes usually 0.5-1%. For total of 7% sales taxes.
If I am paying 7% sales taxes on the full $850. That's over $20 extra in sales taxes I would have to pay if trading phone in at 12 months.