ELFA members contribute state and local tax revenue to governments across the country, paying sales and use taxes, personal and real property taxes, and general business taxes such as corporate income and gross receipts taxes. ELFA monitors state tax legislation of particular interest to the equipment leasing and finance industry, in addition to general tax legislation impacting the broader business community, such as changes to tax rates, collection and administration, and the Streamlined Sales Tax Project, to name a few.
ELFA also provides a State Tax Manual for members. This easily navigated reference guide, designed to aid equipment finance companies in tax compliance and planning, provides a comprehensive state-by-state analysis of sales and property taxes. The database can be searched by category or keyword, or can be browsed by state. Access the State Tax Manual.