Do you pay sales tax on a car lease in Indiana?
No, you do not pay sales tax on a car lease in Indiana. Instead, you pay a one-time lease acquisition fee, which is not subject to sales tax. The lease acquisition fee is typically a flat fee that covers the cost of processing the lease agreement and other administrative fees. It is important to note that the sales tax exemption for car leases in Indiana only applies to the lease acquisition fee. You will still be responsible for paying sales tax on any additional charges associated with the lease, such as the monthly lease payments, any down payment, and any end-of-term fees.