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Old 05-15-2007, 11:29 PM
SurferEd SurferEd is offline
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Default Re: Car Sale/Income Tax Question

I think the way they get dinged is when they register the car. The registration fee is based on the purchase price.
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Old 05-16-2007, 02:59 AM
WLVRYN WLVRYN is offline
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Default Re: Car Sale/Income Tax Question

I thought that there is an exemption for sales tax on non-normal course of business transactions. If you sell one car to someone, that would not be considered normal course of business, and thus no sales tax. Also, I'm pretty sure its the seller's responsibility to collect sales tax if it is due, not the buyer. If the seller doesnt collect it, it comes out of his pocket.
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