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Thread: Avoid Sales Tax on ATV purchase?
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12-18-2011, 02:41 PM #1
Avoid Sales Tax on ATV purchase?
Anyone have any tax evasion ideas that actually work when looking to buy a used 4-wheeler? The mormon republican government really has this thing figured out and make it very difficult. How about finding a friend in Oregon willing to buy one for me?
Just where is it I could find bear, beaver, and other critters worth cash money when skint?
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12-18-2011 02:41 PM # ADS
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12-18-2011, 04:55 PM #2
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12-18-2011, 06:12 PM #3
Yep, Utah and them crazy mormons republic are the only state I know of who taxes on personal property!
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12-18-2011, 06:36 PM #4
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12-18-2011, 07:12 PM #5
Huh. So if I actually pay $2900 for a machine that has a blue book value of $3500, I end up overpaying to the guvment?
Our government sucks.Just where is it I could find bear, beaver, and other critters worth cash money when skint?
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12-19-2011, 10:01 PM #6
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12-19-2011, 10:10 PM #7
Doesn't seem right. Anyone have any insight as to why they think this is right?
Sent from my AndroidJust where is it I could find bear, beaver, and other critters worth cash money when skint?
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12-20-2011, 02:32 PM #8
It's not based on book value. I just registered a snowmobile last week. Book value was over $3k, I paid $1800, it said $1800 on the title, I paid taxes on $1800. I've never seen them consider book value. I've had titles that said $1 on them and I paid taxes on $1.
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12-20-2011, 03:00 PM #9
I'll call the DMV and let you know what I find. Maybe snowmobiles are treated differently because they're two-stroke engines...
Just where is it I could find bear, beaver, and other critters worth cash money when skint?
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12-20-2011, 03:24 PM #10
DMV says if you have a bill of sale it's based off that value. If you don't have the bill of sale it's based off blue book.
Just where is it I could find bear, beaver, and other critters worth cash money when skint?
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09-14-2012, 08:21 AM #11
Avoid Sales Tax on ATV purchase?
Have the seller write you a bill of sale for a much lower amount than what you actually pay. The guy I bought my car from did that, it saved me something $500 in tax on my car.
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09-14-2012, 05:54 PM #12
Avoid Sales Tax on ATV purchase?
Years ago that worked... Now they charge you tax based on book value o the vehicle.
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09-14-2012, 06:20 PM #13
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09-14-2012, 06:20 PM #14
Re: Avoid Sales Tax on ATV purchase?
Explain Kokopelli's Dec 20 post above then.
Just where is it I could find bear, beaver, and other critters worth cash money when skint?
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09-14-2012, 07:09 PM #15
Here's what the Utah Tax Commission has to say about it:
http://dmv.utah.gov/registration/reg...-fees#salestax
"Sales and use tax is imposed on the purchase of a vehicle or watercraft and is calculated using the purchase price. Purchase price should be listed on the title being transferred or on a bill of sale."
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