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The Water Cooler
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heads up to business owners SQ766
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<blockquote data-quote="bootsbaker" data-source="post: 1941887" data-attributes="member: 24528"><p>I see you have never owned a business. The reason I don't want to be taxed on intangible property is because I dont need some assessor coming in and trying to tax my customer lists, trademarks, software, leases, mineral rights, insurance policies etc</p><p></p><p>Imagine someone coming into your business and saying oh you got a trademark on that name well pony up some more tax money for it every year on your tax return from now on. I have already paid the fees etc in order to trademark my company name etc I should not have to continually pay taxes on something like that. </p><p></p><p>or if I have data lists of clients, yes those lists have value to me but why should the state be able to tax me on that?</p></blockquote><p></p>
[QUOTE="bootsbaker, post: 1941887, member: 24528"] I see you have never owned a business. The reason I don't want to be taxed on intangible property is because I dont need some assessor coming in and trying to tax my customer lists, trademarks, software, leases, mineral rights, insurance policies etc Imagine someone coming into your business and saying oh you got a trademark on that name well pony up some more tax money for it every year on your tax return from now on. I have already paid the fees etc in order to trademark my company name etc I should not have to continually pay taxes on something like that. or if I have data lists of clients, yes those lists have value to me but why should the state be able to tax me on that? [/QUOTE]
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