Probably the total price you paid for the vehicle - less the value of any trade multiplied by the tax percentage of your state: Example $20,000 vehicle minus $5,000 trade value = $15,000 X 5% = $750.00 tax
Yes, you have to pay the sales tax when you license the car.
Yes you have to pay sale tax in California for the used car.
The buyer will pay the sales tax when they transfer the car into their name. The seller will pay property tax on the vehicle up untll the day the car is transfered into the buyers name. Transfer the car on the day of the sale.
10%
Legally he has to pay income tax on the net profit from the sale. It is income and therefore is taxable.
There is no sales tax on car sale to a parent, spouse, child, brother, or sister in MA.
You do if you want to register it.
Yes, in Illinois, you are required to pay sales tax when purchasing a used car from a private owner. The tax is based on the sale price of the vehicle, and it must be paid when you register the car with the Illinois Secretary of State. It's important to keep documentation of the sale and the amount paid for tax purposes.
Yes, a person does have to pay sales tax on a used car purchased from a private seller in Pennsylvania. The amount of tax is 6 percent of the sale price.
The purchaser pays the taxes.
In general you pay sales tax in the state where you live, not the state where the car was purchased. Thus, you cannot avoid paying sales tax on a car by going to a no-tax state like Delaware as your state of residence will require the tax to be paid before you can register it.
To pay sales tax on a used car, you typically need to visit your local Department of Motor Vehicles (DMV) or tax office. You will need to provide the necessary documentation, such as the bill of sale and the vehicle's title, and pay the required sales tax amount based on the purchase price of the car.