It differs by county
local dmv shoud have that
There is no sales tab in the private sales? :$
Illinois, because Illinois has made the sale; therefore, Illinois must charge you and pay the sales tax.
ROS= NET PROFIT/ SALES
What is the sales tax on a used RV licensed in Minnesota involving a private sale
Net sales divided by income
yes you do baby
If I live in Kansa but buy a car from a private party in Texas, how is sales tax calculated on the vehicle.
you have to sale your in private sales.
Dealer sale yes. In a private sale the tax is collected when the new owner transfers the title at the DMV.
To calculate the net sale amount, you can first find the sales tax amount by dividing the total sale amount by 1 plus the sales tax rate. In this case, the net sale amount is calculated as follows: Net Sale Amount = Total Sale Amount / (1 + Sales Tax Rate) = 367.50 / (1 + 0.05) = 367.50 / 1.05 ≈ 350.00. Therefore, the net sale amount is approximately $350.00.
You have to pay sales tax on private sale when you register vehicle or within 10 days, whichever is sooner. Unless sale is from a direct family member (parent, spouse, child, brother, or sister,) then an exemption may be granted. Whether or not you register, the sales tax is due within 10 days.
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.