| TIP: Click on subject to list as thread! | ANSI |
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| subject: | More bureaucracy |
BC>> What is the "ad valorem taxes"? JY>> Each year, they go to the Blue Book and ascertain the value of JY>> the vehicle, then tax the vehicle at 40% of the value at the JY>> current city/county millage rate, then sell the tag to the owner. [...] BC> Do you have a sales tax? If so does it apply to vehicles? If so how BC> about when a used vehicle is purchased? "Yes" to the first and "I don't think so" to the second. AFAIK, "no to the last. BC> We have a sales tax on vehicles when new and every time it is sold. BC> You can't get title and plate till the sales tax is paid. If BC> purchased from dealer he takes care of all the details and figures in BC> the tax as part of the sale price. The dealers make a killing on this "service". They'll tell you htat only their representative can register you car for the first time but it isn't true. BC> If you purchased from an BC> individual you pay the sales tax when you get the tag. I've lived in states that do this. BC> Tage does not BC> stay with vehicle. Sales between close relatives are exempt on used BC> vehicles. Tags for an 89 Ply Horizon $29, 98 Ply Voyager $88, 76 F250 BC> 2WD $37, 82 F250 4WD $43, semi trailers $39, 3 axle tag along like a BC> lot of back hoes are hauled on $39, smaller utility trailers are BC> less. Semi tractors for farm use $100 to $150, for commercial use BC> $1000 and up. No other tax on vehicles. The clerk wouldn't tell me what my tag was going to cost in March, when I renew it for the year; She couldn't be bothered to look it up. BC> Does the as valorem tax apply to personal property such as furniture, BC> boats, ATV's, farm machinery, tools of a trades man, etc. Usually not. It applies to vehicles, merchandise in stock for resale and machinery and tools in a business. Farm machinery is exempt. Tools? not sure. I think not because the tax man told me that I should be paying tax on my lathes, etc, but I work for a hobby, not a living. --- McGuffey's Reader GoldED+/W32* Origin: (1:3613/1275) SEEN-BY: 633/267 270 @PATH: 3613/1275 123/500 106/1 379/1 633/267 |
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