You need to pay tax on all of the following:
State tax 5%
Local tax (depends on your county. Certain counties also include a stadium or football tax)
Sales tax is on the purchase price not the value.
either way you do end up paying the Illinois sales tax(tax % depends on your county) .
There is no sales tax involved in transferring a car. However, If you purchase it in Louisiana, you have to pay their sales tax.
no sales tax.
Yes, there is a sales tax on cars in TN. If you purchase your car from a licensed dealer, they will collect the sales tax but if you purchased your car from an individual you will be responsible for the tax when you register your car in your county.
You need to pay sales tax on a car when you purchase it from a dealership or a private seller. The amount of sales tax you pay may vary depending on the state you are in.
== == The operative word here is SALES TAX. Which is collected when a car is SOLD. If you SOLD the car, then sales tax is due on that sale amount.
When purchasing a car, you typically need to pay sales tax on the total purchase price of the vehicle. This tax is calculated based on the sales tax rate in your state or locality.
As of 2012 the sales tax on vehicles in MA is 6.25 percent.
The sales tax on a car purchase will not only be based on the state sales tax, but also the county in which you reside.The easiest way to find out the exact sales tax that you will pay is to call a dealer in the county where you live.
Yes, the purchase of a used vehicle is subject to NJ 7% sales tax, based on the purchase price of the car. The sales tax is paid when the vehicle is registered with NJMVC.
Multiply the state income tax times the car purchase price.