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What else can I help you with?
Do you have to pay sales tax if you buy a used car from a private owner in Illinois?
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.
What does the sale tab mean on the private sales on Howrse?
There is no sales tab in the private sales? :$
What sales tax rate would you use if you buy a car in Illinois but live in Texas?
Illinois, because Illinois has made the sale; therefore, Illinois must charge you and pay the sales tax.
How do you Calculate Return on Sale?
ROS= NET PROFIT/ SALES
Sales tax on used RV in Minnesota from private party?
What is the sales tax on a used RV licensed in Minnesota involving a private sale
How do you calculate the net sale margin?
Net sales divided by income
Do you have to pay sales tax on a private party vehicle sale?
yes you do baby
Do you pay sales tax on a car private party sale in kansas?
If I live in Kansa but buy a car from a private party in Texas, how is sales tax calculated on the vehicle.
How do you give someone a horse when you accept their bid in the negotiation on howrse.com?
you have to sale your in private sales.
Sales tax for auto sale in Minnesota Does the seller charge the tax?
Dealer sale yes. In a private sale the tax is collected when the new owner transfers the title at the DMV.
What is the net sale amount for a total sale of 367.50 if the sales tax is 5?
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.
Do you pay sales tax on auto rebates in Illinois?
In Illinois, sales tax is generally calculated on the total purchase price of a vehicle, including any rebates. However, if the rebate is provided by the manufacturer and is applied before the sale, it can reduce the taxable amount. Therefore, if the rebate is deducted from the sale price before calculating tax, you would not pay sales tax on that rebate amount. Always consult the Illinois Department of Revenue or a tax professional for the most accurate and current information.
