Where to setup LLC company?

Discussion in 'Ask An Owner Operator' started by scoobertdoo, Dec 26, 2020.

  1. scoobertdoo

    scoobertdoo Road Train Member

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    I live in Florida, and if I have my company here, I have to pay sales tax on the truck purchase.

    So where should I register and creat my LLC?
     
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  3. Chinatown

    Chinatown Road Train Member

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  4. scoobertdoo

    scoobertdoo Road Train Member

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    More sales tax than income. Income is going to be the same anywhere I believe.
     
  5. Midwest Trucker

    Midwest Trucker Road Train Member

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    At least in Florida there is no state income tax.
     
  6. Old Man

    Old Man Road Train Member

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    So you set up your llc in a no truck tax state, you still need a address to title and tag the truck.
    The easiest way is to use a friend or family member in a state where trucks are not taxed, then transfer it to you home state.
    Trailers can be titled and tagged in Maine with no tax.
     
  7. Bean Jr.

    Bean Jr. Road Train Member

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    Essentially you pay taxes based on where you live/do business. If you do business in Illinois, you will pay tax in Illinois, no matter where your LLC or corporation is formed. The draw for Delaware and Nevada corps are for "c" corporations. Those that are taxed as corporations.

    mycorporation.com is who I used to form my corporations in the past. They will not give you any advice.
     
  8. singlescrewshaker

    singlescrewshaker Road Train Member

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    FLORIDA SALES & USE TAX APPORTIONMENT HANDBOOK


    https://www.google.com/url?sa=t&sou...FjAFegQIGBAB&usg=AOvVaw3wGN96Kt81j9HSHtjOilw6

    Read the 1st 9 or 10 paragraphs. Specific to motor vehicles, & the common carrier..

    You can get the taxes apportioned by how many miles it actually runs in FL vs outside of FL. With a FL sales tax direct pay permit you won't have to pay sales tax at time of purchase. You will have to pay something, but if like me only 10-15% of your annual mileage is here, it won't be much. Might be easier than basing the "office" out of state.?

    Disregard this post if you plan on being FL intrastate only..
     
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  9. scoobertdoo

    scoobertdoo Road Train Member

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    Dealers says if registration is Florida, then they have to charge me 6.5% at time of purchase.
     
  10. Ridgeline

    Ridgeline Road Train Member

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    So?

    if you are using it for interstate commerce, you have partial rolling stock exemption applied to the purchase and you pay taxes on the mileage as said here ...
     
    singlescrewshaker Thanks this.
  11. scoobertdoo

    scoobertdoo Road Train Member

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    In case somebody else stumbles across this thread:

    You will need a Florida direct tax pay certificate.
    This will allow you to buy a truck in Florida while living in Florida, and then submit the apportioned amount of tax later. As most of us don't run much in Florida even though we live here, it might be as low as .065%
     
    Bean Jr. Thanks this.
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