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If you inherit money willed to you in the state of North Carolina, you must pay taxes on the money. Inheritance taxes are more than regular employee taxes.
If you win a car you are responsible to pay taxes in the state where you live.
Actually, the MA law requires that ANY purchaser of a vehicle in MA pay the 6.25 percent sales taxes IN MA, within 20 days if you're registering it anywhere other than MA and within 10 days if you're registering in MA. The only exemption is for cars purchased from close family members.Your obligation to pay sales tax in MA on a vehicle purchase has NOTHING to do with where or whether you register it.Others have said:Yes, you pay taxes in the state you register the car in. In your case, you live in N.H. so you will register it in N.H., and pay taxes there.added: There are no sales taxes in NH.
You don't pay the taxes, the person receiving the car as a gift does.
you would only pay taxes on a difference
You pay Virginia taxes.
yes, it will be based on the "value" of the car. You always pay taxes.
Yes you will have to pay taxes when you register the car in your name.
He pays income taxes. You pay sales taxes.
"To register a used vehicle of any kind, you will need to take the plates down to the motor vehicle bureau in your town. You need to pay the taxes on the car or truck and pay for the plates. You also need insurance."
No
Yes- you pay the taxes when you register your car in the state you live in.