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If buying a used car from a private seller in Iowa with buyer from Iowa does buyer have to pay sales tax?
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Does the buyer have to pay sales tax at the DMV when buying a used car from a private seller?
Not necessarily but some states require you do so. My son moved to NC with a free car and had to pay sales tax.
What is the difference between sales and cash sales?
In cash sales, payments are made instantly by the buyer/customer to the seller, where as in credit sales, the payments are generally made after a specific period as agreed upon between the buyer and the seller.
How much should I pay tax at DMV when sell used car?
If you are the "private" seller you do not collect sales tax. If your states requires sales tax to be paid on a private sell then the DMV will collect it when the buyer registers the car.
What is different between sales credit and cash credit?
In cash sales, payments are made instantly by the buyer/customer to the seller, where as in credit sales, the payments are generally made after a specific period as agreed upon between the buyer and the seller.
Do you pay sales tax if purchased from a private seller outside the state of Georgia and register the car in Georgia?
If you are a GA resident, you do not have to pay sales tax as long is it is a private seller, even if out of state private seller.
Performance of a sales contract is controlled by the agreement between buyer and seller?
true
Does an Oregon resident have to pay sales tax when buying a used car from a private seller?
In most states, the buyer of a used car from a private person would pay use tax to the state they plan to register the car in. This payment normally doesn't happen until the purchaser visits the DMV office to register the vehicle.
Does a private seller of a car pay any taxes?
No, you've already paid taxes on it when you bought it, so the one buying it from you is the one who will pay the sales tax.
Do you pay sales tax when buying a used car from a private seller in GA?
One of my buddies bought a car in GA and he ended up paying for sales tax. I'm not sure if it applies for all.
What are domestic sales?
Domestic sales are those made where both seller and buyer are conducting business within the same borders.
When is sales revenues usually considered earned?
Sales revenue are usually considered earned when "goods are transfered from the seller to the buyer".
What is export sales contract?
The initial document in any international transaction; it details the specifics of the sales agreement between the buyer and seller. ...
