Sales tax due
Discussion in 'Ask An Owner Operator' started by Dera209, Jun 2, 2024.
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Haha I hope not. Trying to get out before they impose that.broke down plumber Thanks this.
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I currently run intrastate and will also be running intrastate in Texas.
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Looks like the rolling stock exemption applies to interstate carriers and I run intrastate.Deere hunter Thanks this.
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Well, I would probably switch to apportion tag. Your tags will run here about $1300 and it sure would save you a lot of money of course you would have to file quarterly but that's no big deal.
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Depends on the state. South Dakota hits you for 2.5%.Dera209 Thanks this.
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I had to pay the $90 on a pickup truck I bought in Louisiana,no sales tax.
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Yes you do. However, your state may give you a sales tax exemption, but other states do not.
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Since you will be transferring it to a brand new TX entity, you're probably liable for sales tax. Whether or not TX will let you put down a dollar for the sales price will be up to the DMV person you speak with. It may be better for you to keep the CA corp as a holding company for your equipment, start a new company in TX and lease the truck to the new company's authority and tag it through the new company.
Dera209 Thanks this. -
Well, I am not a new entity. I have been in Texas for many years. I also trade Trucks and Trailers quite often and buy and sell and have not paid sales tax. Maybe I'm missing something.
Rideandrepair and Dera209 Thank this.
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