Posts Tagged ‘Tax Purposes’
Viv asked:
If sales taxes had already been paid when the car was new, do they need to be paid again? I know on used car sales between private parties no sales tax is assessed, but how about on a used car purchase from a dealership, i.e. Nissan, Ford, etc..
If sales taxes had already been paid when the car was new, do they need to be paid again? I know on used car sales between private parties no sales tax is assessed, but how about on a used car purchase from a dealership, i.e. Nissan, Ford, etc..
I have seen sales tax returns for car sales, and to my understanding, resale/wholesale is non-taxable, for sales tax purposes.
Thanks in advance for your help.
AND WHY DOES THIS APPLY FOR DEALERSHIPS???