A motor vehicle usage tax of six percent (6%) is levied upon the "retail price" of vehicles registered for the first time in Kentucky. In the case of new vehicles, the "retail price" is the total consideration given (The consideration is the total of the cash or amount financed and the value of any vehicle traded in) or 90% of the manufacturer's suggested retail price (MSRP), including all additional equipment and destination charges.
New car sales tax in Ky is 6%. Trade in value is deducted from the selling price. You pay taxes on the difference.
Yes
You pay Ohio sales tax if you purchased it in Ohio.
The Kentucky (KY) state sales tax rate as of 11/2016 is currently 6%.
In my area of W-Ky most new car dealers open at 7:30 for service and 8:00 for sales.
No
I'm looking for KY state tax forms
The receiver of a qualified gift does NOT have pay any federal income tax on the value of the car as a gift. BUT the receiver will have to pay some taxes to the DMV when the car is registered in the new owner name in the state and to get the new license plates, etc.
there is none
59.99 x 1.Y with Y equalling your state's sales tax percentage.For example, KY has a sales takes of 6% so you use the formula as this:59.99 x 1.06 = 63.59
You can find information on tax offices in Louisville, KY by using a map and calling revenue offices. You can also find information on tax offices at www.louisvilleky.gov
yes