Nov-15-2013 09:20 AM
Nov-21-2013 04:31 PM
Nov-21-2013 03:38 PM
Nov-21-2013 03:37 PM
jgolden wrote:Lipets wrote:jgolden wrote:
$10K is a big ticket charge. My county is 8%.
My last new vehicle (pickup truck) NY charged tax on MSRP. Rebates and discount off the price were taxed. Tax website explains it, or at least restates it.
Rebates are taxed, I agree.
Discounts are never taxed in NY
You are never taxed on MSrP in NY, I would guess that no state does.
Thanks just got back to this post.
This from NY state Tax Dept
New vehicle (prior to rebates)
$25,000
Minus dealer’s rebate
- 1,000
Taxable amount
$24,000
In this example, since the dealer will be reimbursed by the manufacturer and the credit card company, neither the $2,000 manufacturer’s rebate nor the $500 credit card rebate may be deducted from the amount subject to sales tax. However, the dealer’s rebate of $1,000, which is not reimbursed by any other third party, must be deducted from the taxable amount.
Depends on what you call MSRP. If the dealer gives no "rebate" then the MSRP and the Taxable amount is the same, or so it appears.
As you can see the "price" example includes manuf rebates of $2000 and a credit card deal credit of $500. To get to the $25,000 sale price. Eliminate the dealer discount and the MSRP is the starting point.
I'll have to dig out the original paper work.
Nov-21-2013 01:22 PM
ferndaleflyer wrote:
How about one of you "experts" telling me how trucking companies from all over the country have their trailers registered in Maine? Legally! These things go over scales every day with no complaints.
Nov-21-2013 01:11 PM
Nov-21-2013 12:25 PM
Nov-21-2013 12:20 PM
Nov-21-2013 12:01 PM
Lipets wrote:jgolden wrote:
$10K is a big ticket charge. My county is 8%.
My last new vehicle (pickup truck) NY charged tax on MSRP. Rebates and discount off the price were taxed. Tax website explains it, or at least restates it.
Rebates are taxed, I agree.
Discounts are never taxed in NY
You are never taxed on MSrP in NY, I would guess that no state does.
Nov-16-2013 07:45 PM
Nov-16-2013 07:45 PM
Francesca Knowles wrote:I guess I forgot to include the wink icon.
What kind of a world do we live in where you, someone who does the honorable thing and pays the same rates as the neighbors you share our State with, is left feeling somehow stupid or foolish for having paid your fair share?
Nov-16-2013 07:15 PM
Nov-16-2013 07:09 PM
2oldman wrote:
I have many neighbors who have Montana LLC's, registrations in Oregon, and have paid very little tax on their big RVs. Like an idiot I obeyed the law and paid my legal, exhorbitant fees in WA. I'm not squealing on them because I'm too embarrassed to admit I didn't do it myself. After all, these people are still buying gas in my state so I guess that makes up for it. And I think they may have guns.
Nov-16-2013 07:06 PM
Nov-16-2013 06:16 PM
Lipets wrote:Oh sure.. people do it all the time with advice from this board. I have many neighbors who have Montana LLC's, registrations in Oregon, and have paid very little tax on their big RVs. Like an idiot I obeyed the law and paid my legal, exhorbitant fees in WA. I'm not squealing on them because I'm too embarrassed to admit I didn't do it myself. After all, these people are still buying gas in my state so I guess that makes up for it. And I think they may have guns.
Is it of those things that are done all the time?
Are there certain states that welcome the income for registering in their state?
Nov-16-2013 06:10 PM
jgolden wrote:
$10K is a big ticket charge. My county is 8%.
My last new vehicle (pickup truck) NY charged tax on MSRP. Rebates and discount off the price were taxed. Tax website explains it, or at least restates it.