No the rebate is deducted prior to sales tax being totaled.
You pay sales tax on whatever price is on the title application -- usually before the rebate. If you bought a $10,000 car and got a $1,000 rebate, you pay tax on $10,000 as opposed to $9,000.
In Illinois, sales tax is generally calculated on the total purchase price of a vehicle, including any rebates. However, if the rebate is provided by the manufacturer and is applied before the sale, it can reduce the taxable amount. Therefore, if the rebate is deducted from the sale price before calculating tax, you would not pay sales tax on that rebate amount. Always consult the Illinois Department of Revenue or a tax professional for the most accurate and current information.
Wondering what Government entity handles a tax rebate? A tax rebate is money that is given back. The tax rebate is handled by the IRS government entity.
Of course.
In Texas, when a vehicle is totaled, the sales tax previously paid on the vehicle may be eligible for a rebate. The owner must apply for the rebate within a specific timeframe, typically within 90 days of the total loss. The amount refunded is based on the sales tax paid at the time of purchase, and the application process requires documentation such as the vehicle's title and proof of the total loss. It's advisable to consult the Texas Comptroller's website or a tax professional for detailed guidance on the process.
It's a bummer, but not sure if you ever bought an iPhone or smartphone along with a plan. The iPhone is $600 retail, but $199 after rebate. In California, you pay the sales tax on the $600. Not all states adhere to this rule. With a car purchase, the rebate is applied not as a discount, but more of a down payment, so the sales price is the same, regardless of how much the rebate is. Therefore, you would pay sales tax on the price of the vehicle.
No.
Non-existent.
NO. There is no way to get a rebate check back for any reason.
Non-existent.
To make sure they are paid.
I'm sorry but there is no such of a tax rebate for any taxes paid in Florida. The taxes you paid in Florida consist of sales taxes, motel/hotel taxes, and all of these are higher because the state of Florida has no income tax of their own so they hit the tourist and you aren't getting it back.