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What is the tax you have to pay if any on a purchased warranty?
Wiki User
∙ 15y ago
The only tax that comes to mind as being involved could be sales or use tax.
In most states, an additional warranty or insurance policy, as an intangible, is not sales taxable. As an aside, this can cause interesting results for the company that provides it performs and provides parts & labor.
(However, like all sales tax things, it depends on where you are and the result it is not absolute).
A warranty as part of the sale (generally the included ones by the manufacturer) is considered part of the product and tax would follow that item..
Wiki User
∙ 15y ago
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