You don't have to pay taxes when selling a motorcycle, but the buyer has to pay taxes when he goes to the title agency. Some people say the vehicle is a gift so they can avoid paying tax.
That is the question !
Yes, you may have to pay taxes on selling used items, depending on the circumstances and the amount of profit made. It is important to report any income from selling used items on your tax return and consult with a tax professional for guidance on how to properly report and pay taxes on these transactions.
yes
By selling their crops and livestock to the kings.
no no you do not. Mexicans will buy it cheaper and they wont charge tax.
If it is income, yes, you will pay taxes on it. Depending on the laws of your state, county or city, you may have to pay a sales tax to the state, county or city.
Streerglide
A person can make up to $600 in one year without paying taxes on it. It should be claimed on a tax return, however.
Yes you do if you owe any capital gains tax on the sale of the asset after your income tax return is completed correctly and IF you owe any taxes on gain.
No.
Estates pay taxes on income and may have to pay inheritance taxes.
Yes, they pay taxes. If you work you pay taxes no exceptions.