Service Repairs to Petroleum Storage Tanks Exempt in Louisiana

Friday, January 18th, 2019

 
 
Row of fuel storage tanks.
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Louisiana's Board of Tax Appeals recently ruled that repairs on petroleum storage tanks were not taxable.

Repairs of immovable property are not subject to tax in Louisiana. The taxpayer was a business that provided service repairs to petroleum storage tanks. The tanks were located above ground and attached to pipes that ran into the ground. They were constructed at the location where they were to be used. The tanks were large and could not be moved without being disassembled and transported with heavy machinery.

The decision determined that these repairs were not subject to sales tax because the tanks qualified as immovable property. The decision reasoned that because the tanks were too heavy and difficult to move, they qualified as immovable property.

https://www.ttrus.com/Service-Repairs-to-Petroleum-Storage-Tanks-Exempt-in-Louisiana


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TTR has a website that companies subscribe to and use daily. This website provides a list of everything that can be bought or sold in the U.S. It provides simple answers to whether buying or selling these items is taxable (subject to a sales tax or other tax), and it provides all the legal authority to support these tax answers.

TTR likes to keep things simple and fun, which is why it has great people who provide help to clients on any support questions they have about transaction tax issues.

Please visit TTR on the web at www.ttrus.com or call 866.578.8193.

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