Do you have to pay sales tax on a used car in Michigan?

Under Michigan law, the use tax payable on a used vehicle transfer is 6% on the greater of the purchase price or the retail value of the vehicle at the time of transfer.

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Do you have to pay a sales tax if you are a non-resident purchasing a used car in Michigan?

Sales tax should be collected when and where the vehicle is registered. Maybe MI has some weird law, but that would be different than the many states I've registered cars in.

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Do you have to pay sales tax on a used car in Utah?

Yes. Utah taxes everything. Even if you bought the vehicle out of state, they will want you to pay tax when you try to register it.

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Do you have to pay sales tax on a used car?

Yes, you must pay sales tax when you buy a used car if you live in a state that has sales tax.However, you do not pay that tax to the individual selling the car.You will pay it to your state's DMV when you register the vehicle.

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Do you have to pay sales tax on a private sale of a car?

Yes, you must pay sales tax when you buy a used car if you live in a state that has sales tax.However, you do not pay that tax to the individual selling the car.You will pay it to your state's DMV when you register the vehicle.

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Do you have to pay sales tax when purchasing a used car in Michigan if you are an out of state buyer?

Absolutely-the government has to get their money. It's even possible that you may have to pay taxes in both states.

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Do I have to pay California sales tax on a used car?

If you are buying a used vehicle in California, it can be difficult to determine your sales tax as the state charge 7.5% and the cities can add up to 2.5% to that total.Here is a table of taxes and fees in CA.The buyer will pay sales tax when they register it at DMV, based on their local rate.

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Do you pay sales tax on used cars?

Texans who buy a used vehicle from anyone other than a licensed vehicle dealer are required to pay motor vehicle sales tax of 6.25 percent on the purchase price or standard presumptive value (SPV), whichever is the highest value.

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Where do I pay sales tax on a used car?

Yes, you must pay sales tax when you buy a used car if you live in a state that has sales tax.However, you do not pay that tax to the individual selling the car.You will pay it to your state's DMV when you register the vehicle.

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Do you pay Michigan sales tax when buying a car from a family member?

No. It is kind of like you mow your lawn for your grandfather, and he pays you $20. No income or sales tax. To the extent of my knowledge the government does not tax you on family money matters.

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How much time do you have before paying pa sales tax on used car purchase?

You pay the sales tax when you register the vehicle with the county or parrish you live in.

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Do you have to pay sales tax twice on a car?

Private parties aren't required to collect sales tax when selling a used car, so you won't pay tax immediately if you buy a car from a private party out of state.Instead, you'll pay a sales or use tax when you register the vehicle in your home state.

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Do you have to pay sales tax on a gifted car?

No.The recipient of a gift does not pay taxes on a gift received.Unless you give gift of over $14,000 to one individual, you do not have to file a 709 gift tax form--and even if you gave such a gift, there would not be tax on it.You can give your sister the car without any tax consequences.

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Why do you pay sales tax on cars in Massachusetts?

Because it is the law. The state of Mass collects sales taxes on every car sold as a way of raising revenue for the operation of the state. Almost every state in the union has a sales tax on the sale of a car.

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Why do we pay sales tax on used cars?

It's actually on the sale itself.That's why it's called a sales tax.That car might keep getting traded in, and every time a dealer sells it, it's subject to sales tax.If you purchase something and do not pay sales tax, your are supposed to report it to your state and pay use tax.

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Do you pay taxes on car as a gift in Michigan?

No; Michigan does not have a gift tax.I suspect you mean pay a sales tax to the MVD.Most states have ways that if you can prove it is a gift, especially in family, that no tax is charged.Just doing so between "people" will normally mean a tax will be charged on some "book" value the MVD has estab...

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How much is sales tax on a used car in Michigan?

Although the Secretary of State collects 6% tax when the title is transferred, final determination of the tax owed on vehicle transfers is made by the Michigan Department of Treasury.The tax rate is 6% of the purchase price or the retail value at the time of transfer, whichever is greater.

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How much tax do you pay on a car in Michigan?

Michigan collects a 6% state sales tax rate on the purchase of all vehicles.In addition to taxes, car purchases in Michigan may be subject to other fees like registration, title, and plate fees.

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Do I have to pay sales tax on a car that cost 5000.99 dollars or under?

In my state yes. In my state yes.

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Do I have to pay sales tax on a gifted car?

No.The recipient of a gift does not pay taxes on a gift received.Unless you give gift of over $14,000 to one individual, you do not have to file a 709 gift tax form--and even if you gave such a gift, there would not be tax on it.You can give your sister the car without any tax consequences.

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What do you pay sales tax on in Ohio?

Ohio State and County Sales Tax Ohio has a sales tax rate of 5.75%, but each county and regional tax authorities may levy additional rates.

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Do you pay sales tax on a private party used car?

Yes, you will pay tax on the purchase of the used car.However, you do not pay tax to the private owner at the time of the sale.You pay tax to the DMV when you transfer the title and register the vehicle.So, if you are buying a car from a private owner, do not pay them tax.

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If you buy a car in Alabama and live in Florida do you have to pay sales tax in Alabama?

You have to pay taxes on the car where you register it.

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Do military pay sales tax on cars in Florida?

Florida Resident Active Duty Military-Motor Vehicle Information.Sales tax exemption – You may be exempt from Florida state sales tax when titling and registering vehicles purchased out of state if the vehicle will not be brought into Florida for at least six months.

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Do you have to pay tax title and license on a used car?

Vehicle registration fee: This is the amount the state charges to register a new car, assign a title (legal proof of ownership) and cover the cost of license plates.Sales tax: Sales tax on a new car can take people by surprise.For example, at 9 percent, the sales tax on a $30,000 car is $2,700.

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Do you have to pay sales tax on a car when purchasing it from father to daughter?

This will depend on the state that you live in and the regulations and laws of that state. Being related will not make a difference if the law in your state says individual sales are taxable then you will have to pay sales tax.

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Do you have to pay Sales Tax on auto purchased from your sister?

You don't have to pay the sales tax to her say if she sells it to you for a flat rate of $700. However when you go to switch the title over at the DMV, they will ask you for how much you bought it for and you have to pay sales tax on that amount to the DMV themselves. Hope that helped!

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How do I pay sales tax on a car?

Texans who buy a used vehicle from anyone other than a licensed vehicle dealer are required to pay motor vehicle sales tax of 6.25 percent on the purchase price or standard presumptive value (SPV), whichever is the highest value.SPV applies wherever you buy the vehicle, in Texas or out of state.

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If you buy a car in Germany and have it shipped to Texas do you pay sales tax?

Yes you will. the tax on that car will be the same as if you bought that year of auto in Texas

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Can you avoid paying sales tax on a car?

Sales taxes on cars are often hefty, so you may try to avoid paying them.The easiest way to do so is to buy a car in a state with no sales taxes and register the car there.

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Do I have to pay sales tax on a vehicle purchased out of state?

In the U.S., most states levy a sales tax when you buy a new vehicle.If you buy a car out-of-state and bring it to your home state, though, it's not always clear which state should receive the tax, since tax laws vary by state.

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Do I have to pay taxes on a totaled car?

Answer: No.You aren't required to include the $2,000 you received as a car insurance settlement under your comprehensive insurance for your stolen vehicle as gross income on your taxes.

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Do I have to pay taxes on a gifted car?

No.The recipient of a gift does not pay taxes on a gift received.Unless you give gift of over $14,000 to one individual, you do not have to file a 709 gift tax form--and even if you gave such a gift, there would not be tax on it.You can give your sister the car without any tax consequences.

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Do you have to pay taxes on a gifted car in Georgia?

You'll have to pay 7% on "fair market value" of the transaction to get a tag.You will have to pay the registration tax which replaces the old yearly tax.

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If you buy a car in Arizona and live in California do you have to pay use tax in California?

Unfortunately, you would have to pay a use tax just because of the way the government works for car taxing, the tax would be small, but just to make sure that you don't get fined extra, you might want to look into it some more. just for the reason that I'm not a car taxing expert. you could call ...

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Do you have to pay taxes for receiving a car?

Yes, its considered a "gift tax" but you need to pay it im not sure what the rate is but im guessing it takes into consideration the car and the year etc.

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What sales tax do i have to pay for a car?

Probably the total price you paid for the vehicle - less the value of any trade multiplied by the tax percentage of your state: Example $20,000 vehicle minus $5,000 trade value = $15,000 X 5% = $750.00 tax

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In California do you pay sales tax on a vehicle that you are leasing?

Yes you will have to pay taxes, title and fees on top of the downpayment when you lease a car.

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Does military pay sales tax on cars?

Military members must pay sales tax on purchases, just like everyone else.What gets a little tricky is that the sales tax is based on and paid to the state in which the car is registered, which is often different from the state where the car was purchased.

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Do you have to pay sales tax when purchasing a used boat from a private party seller in Georgia and you live in Illinois?

The taxation will come when you register the boat.

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Do you have to pay taxes on horse racing winnings?

Horse betting and the IRS For this reason, failing to report the prize as income is the surest way to get audited.Just because a taxpayer doesn't receive a tax form does not make the winnings tax-free.Taxpayers still have a responsibility to report their prize on their tax return as “other income.”

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Do you have to pay taxes on giveaways?

If you win a sweepstakes or contest prize, you will owe income taxes to Uncle Sam and perhaps your state.Prizes are considered taxable income regardless of whether the prize is in the form of cash, trips or merchandise.You're still supposed to report and pay tax on prizes under $600.

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If you paid sales tax in one state when you bought a car do you have to pay sales tax on it again in the state you get the tags?

This depends on the laws of the two states you are dealing with. People used to try to get around paying sales tax by purchasing vehicles in states other than where they live. This has been halted in most states by requiring people to pay sales tax in the state they live in when they register the...

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Do you pay sales tax when you buy a car from a private seller in Tennessee?

You do not pay the sales tax to the person you bought the car from. You will pay the tax when you register the car in your name. The motor vehicle dept. will ask you how much you bought the car for and that is what they base the tax on. If what you paid is less than book value they will have you ...

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Do canadians have to pay California vehicle sales tax when purchasing a used vehicle from a dealership?

I had a dealer tell me they have to charge the tax, but I looked here:http://www.boe.ca.gov/sutax/faqex.htmPurchases for Use Outside California A purchaser is not required to pay California use tax if the only use of the property purchased in California is to remove it from the state and it will ...

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How do you determine sales tax on used cars?

It would be calculated from the actual selling price. Depends on the regulations in your state. In my state, it is 6% of 90% of the sticker, not what you actually pay. Check with the license bureau and they will tell you.

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Do you pay sales tax on a car at the dealership?

If NY State sales tax was paid to a NY State dealer, the DMV does not collect sales tax when you apply for a vehicle registration, and the DMV does not issue a sales tax receipt.The bill of sale must show the purchase price and the amount of out-of-state sales tax paid to the dealer.

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Do I have to pay California sales tax when registering a car that was leased in another state?

You pay sales tax to the State in which the vehicle will be registered.

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How much sales tax will you pay on a new car purchased in California?

State is now 8% but it could be more depending on where you buy it. Different cities/counties add to the basic tax. Some places are nearly 10%. Our registration fees have now doubled too, so if you get a new car think of that. My Pruis will now run me 250.00 for a 5 year old car this is up from t...

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Do you pay taxes on a gifted car in Illinois?

If you are leasing the vehicle from an unregistered out-of-state retailer, you must use Form RUT-25-LSE to report the transaction.If you originally purchased (or acquired by gift or transfer) your vehicle from an individual or other private party, you must use Form RUT-50 when you bring the vehic...

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If you live in Massachusetts and buy a car in Rhode Island do you have to pay sales tax in both states?

No, Only pay the Massachusetts state that you residance)

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Do you pay sales tax when you trade even on a auto?

It varies per state. In most states, yes.

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Do you pay sales tax in ny if the car was bought in NJ?

Probably what ever state you register the car in would collect the taxes.

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Do you pay sales tax when you buy a house in Ohio?

The Ohio sales and use tax applies to the retail sale, lease, and rental of tangible personal property as well as the sale of selected services in Ohio.In transactions where sales tax was due but not collected by the vendor or seller, a use tax of equal amount is due from the customer.

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Why you pay tax when you sale your old car?

Any time you recieve moneys over $1000.00 it is going to be considered earned income. Unless it is non taxable interest from owning shares from a corporation. Also luxory tax might be put into consideration.

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Do you pay taxes on leased cars?

Leasing and Taxes When leasing, you are liable for sales tax even though you do not own the car.If your state levies a personal property tax, you'll have to pay this, too.But to entice you to lease, many dealers offer to pay the property tax for you.Shop around for the best deal.

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How much is sales tax on used cars in ma?

Sales tax on ANY car in MA is 6.25 percent as of 2012, due within 10 days.

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Do you have to pay tax when you buy a car from a private seller?

Yes, you will pay tax on the purchase of the used car.However, you do not pay tax to the private owner at the time of the sale.You pay tax to the DMV when you transfer the title and register the vehicle.So, if you are buying a car from a private owner, do not pay them tax.

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Do you pay use tax on a gifted vehicle in ca?

yes, it will be based on the "value" of the car. You always pay taxes.

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Do you pay taxes on a settlement?

If you receive money from a lawsuit judgment or settlement, you may have to pay taxes on that money.After you collect a settlement, the IRS typically regards that money as income, and taxes it accordingly.However, every rule has exceptions.The IRS does not tax award settlements for personal injur...

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What sales tax do you pay when purchasing a car from a dealer in Indiana and live in Georgia?

Normally you pay the sales tax in the state you reside in. If you live in Georgia you would not pay sales tax in Indiana, you would pay sales taxes when you registered the car in Georgia.

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How do you calculate sales tax on a car?

Multiply the price of your new car by the sales tax rate to get the total tax bill.For example, if the state taxes are 6 percent, and your car's taxable cost is $20,000, you need to pay $1,200 in taxes.

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Do i pay Taxes on a used car in Arizona from private party?

If you buy a used car from a private party, you pay no sales tax, although you are legally supposed to report it. If you buy a used car from a dealer, you will pay sales tax.

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How do you figure out sales tax on a car?

Find out your state sales tax rate (see Resources).Multiply the price of your new car by the sales tax rate to get the total tax bill.For example, if the state taxes are 6 percent, and your car's taxable cost is $20,000, you need to pay $1,200 in taxes.

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How do you estimate sales tax on a car?

Ask the dealers or got to the website. They might be able to help you out.

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Do you have to pay taxes on your company furnished pickup that is used for construction projects?

no your employer is responsible for taxes , license, and any needed permits.

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What sale tax rate do you pay for A NEW CAR?

In general you pay sales tax in the state where you live, not the state where the car was purchased. Thus, you cannot avoid paying sales tax on a car by going to a no-tax state like Delaware as your state of residence will require the tax to be paid before you can register it.

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How much tax do you pay on a new car?

If you buy the car from a dealer, federal Goods and Services Tax (GST) is charged at a rate of 5 percent.Provincial sales tax (PST) is also charged at a rate of 7 percent for vehicles less than $55,000.PST increases by 1 percent for each additional $1,000 for vehicles above $57,000, up to a maxim...

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I live in n.j selling car to person in Canada who pays sales tax.?

Buyer pays sales tax unless the seller agrees to pay the tax as part of the deal.

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Is there sales tax on a used car?

Everytime I have bought one.

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In IL do I have to pay tax on a used car at the currency exchange when I get a title transfer?

Yes, Ofcourse. The rate is 6.25%. say if you buy a car for $1000 . you pay 1000 x .0625 = $62.50 So every another thousand add $62.50. + Titlle transfer at currency exchange....

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Will your daughter have to pay taxes on car put in her name?

She is technically liable, yes; but that doesn't mean you can't give her the money or part of the money to pay these taxes with.

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If you live in Tennessee and buy a used car from a dealer in GA do you pay GA tax?

no you don't pay GA sales tax

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How can I avoid paying sales tax?

Look for a company that has no physical address in the state where you live.You will avoid paying sales tax when shopping online only if your purchases qualify as "out of state." You may be able to find the physical address of a store by visiting their website or by checking the shipping page.

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How do you calculate sales tax on a vehicle?

Find out your state sales tax rate (see Resources).Multiply the price of your new car by the sales tax rate to get the total tax bill.For example, if the state taxes are 6 percent, and your car's taxable cost is $20,000, you need to pay $1,200 in taxes.

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Do military members have to pay property tax?

Though the Servicemembers Civil Relief Act gives military servicemembers many protections, it doesn't exempt them from paying real estate taxes.If you're on active military duty and you're a homeowner, in other words, you're expected to pay your property taxes.

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In the state of Michigan how many days do you have to cancel a used car contract?

If you have signed the contract and taken posession of the car it is yours. There is no cooling off period on the purchase of an automobile. You bought it, so you own it.

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Do i by law have to pay on an auto that was repossessed in Michigan almost 10 years ago?

If they have a judgment against you, small claims are good for 6 years and civil judgments are good for 10 years. Both can be renewed. Also, if they collected a payment, either voluntary or involuntary within 6 years of the last payment, that extends the statute of limitations another 6 years.

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How much is the sales tax on a used car in st johns county fl?

The sales tax on a car is 6% for anyone that lives in the state of Florida.

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How much tax do you pay on a car in Florida?

It should be noted that the local tax is only applied to the first 5,000 dollars of the cost of the vehicle.The maximum tax that can be owed is 1,025 dollars.In addition to taxes, car purchases in Florida may be subject to other fees like registration, title, and plate fees.

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Which states have no sales tax on cars?

States that do not charge a sales tax include New Hampshire, Oregon, Delaware, Montana and Alaska.Where You Register the Vehicle: You can only avoid this tax if you purchase the car in a no sales tax state and then register the vehicle in that state as well.

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If you buy a car in tax-free New Hampshire and you move to Florida will you have to pay taxes?

Yes- you pay the taxes when you register your car in the state you live in.

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Does the state of Ohio have sales tax on cars?

Like virtually all States Ohio does too. The rate varies county to county.

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What is the sales tax on a used car in MA?

As of 2012 it is 6.25 percent, due within 10 days.

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What states have no sales tax on cars?

Alaska, Delaware, Montana, New Hampshire, and Oregon don't impose any state sales taxes, as of 2018, while New Mexico charges sales taxes, but not on cars.

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How much is sales tax on a car in Alabama?

Including city and county vehicle sales taxes, the total sales tax due will be between 3.375% and 4% of the vehicle's purchase price.In addition to taxes, car purchases in Alabama may be subject to other fees like registration, title, and plate fees.

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How much is sales tax on a car in NJ?

New Jersey collects a 7% state sales tax rate on the purchase of all vehicles.The maximum tax that would have to be paid is 525 dollars.In addition to taxes, car purchases in New Jersey may be subject to other fees like registration, title, and plate fees.You can find these fees further down on t...

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Do you pay taxes when you gift a car?

No.The recipient of a gift does not pay taxes on a gift received.Unless you give gift of over $14,000 to one individual, you do not have to file a 709 gift tax form--and even if you gave such a gift, there would not be tax on it.You can give your sister the car without any tax consequences.

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Do I have to pay taxes twice if I buy a car out of state?

Private parties aren't required to collect sales tax when selling a used car, so you won't pay tax immediately if you buy a car from a private party out of state.Instead, you'll pay a sales or use tax when you register the vehicle in your home state.

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What is the used car sales tax in Nashville Tennessee?

Zero, if you trade a more expensive car in and get a cheaper one

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Will you have to pay state taxes on a new car you just bought in Colorado but want to register it in California?

You should only have to pay taxes in the state it will be registered in.

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How do I calculate sales tax on a car?

Multiply the price of your new car by the sales tax rate to get the total tax bill.For example, if the state taxes are 6 percent, and your car's taxable cost is $20,000, you need to pay $1,200 in taxes.

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How do I avoid paying tax on a gifted car?

Part 3 Structuring Your Gift to Avoid Taxes Give the gift jointly with your spouse. Give the gift to spouses. Use your lifetime gift tax exemption. Offer gifts that are exempt from the gift tax. Set up a trust. Transfer property for no less than fair market value. Give the gift as an in...

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How much tax do I pay on a leased car?

This means you only pay tax on the part of the car you lease, not the entire value of the car.For example, if your local sales tax rate is 5%, simply multiply your monthly lease payment by 5% and add it to the payment amount to get your total payment figure.

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Do you have to pay the deficiency on a car repossion in the state of Kansas?

Yes you do. You can file for bankruptcy and may be afforded some consolation, but by law you are responsible for the difference between what was owed and what the lender was able to wholesale the car for.

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How much tax do you pay when you win a car on Price is Right?

The amount you'll have to pay once you've won a car depends on your specific circumstances, but you can make a rough estimate that you'll be paying around 1/3 of the prize's value.So if you win a vehicle worth $30,000, you can expect to pay around $10,000 in taxes.

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How old do you have to be to drive a moped in Michigan?

In Michigan, a person can drive a moped at the age of 15 and older. The moped must be registered with the Department of State before driving it on the street.

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How do you calculate sales tax on a vehicle in Missouri?

You Will Pay: State sales tax of 4.225 percent, plus your local sales tax Document on the purchase price, less trade-in allowance, if any;$8.50 title fee;Registration (license plate) fees, based on either taxable horsepower or vehicle weight;$2.50 title processing fee; and.

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What is the sales tax rate on used cars in Minnesota?

The rate varies by location of purchase. See 'Sources and related links' below for the current rate.

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How much tax will I pay for a used car?

When you purchase or lease a new or used car, you'll probably have to pay a sales tax or use tax.For example, in Florida you must pay a 6% sales tax for vehicles purchased, including cars, trucks, motorcycles and truck tractors.

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Do you pay tax on mileage reimbursement UK?

What are the Car Mileage Allowance Rates for 2018 in the UK? Employees that use their own car for business journeys can claim tax relief on the approved mileage rate.45p per mile is the tax-free mileage allowance for the first 10,000 miles in the financial year – it's 25p per mile thereafter.

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