If you have a trade-in vehicle at the time you lease, you may be eligible for sales tax credit for the value of the trade-in. You are still subject to Pennsylvania sales tax on the value of the vehicle if you decide to purchase it at the end of the lease term. In general, it i...
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Based on recent conversations, it looks like we need a separate discussion to cover sales tax questions. Do you pay where you buy, or where you live?
The tax is paid after the lease or transfer of the good. For example, a car sale in which the title is transferred after the loan is paid off would be a conditional sale. Consumption tax - A broad category of taxes in which tax is levied on the amount spent on purchasing goods or ...
Many new car buyers could qualify for a tax break on vehicle sales tax The clunkers program, created to re-invigorate the auto industry and to put more drivers in energy-efficient cars, proved overwhelmingly popular in the weeks it ran between July 1 and Aug. 24. Consumers who traded in ...
And you can fully write off the price of an EV on corporate tax.. they'll be knocking down the gates of the EV show rooms. Sorry Jay, but your counter example is no example at all but thanks for the response. I learn a lot from these things. Mark, I said "And then the sales...