If you buy it from a private owner there is no sales tax. If you get it from a dealership, you'll pay ~8% sales tax
If you buy a used car from a private party, you pay no sales tax, although you are legally supposed to report it. If you buy a used car from a dealer, you will pay sales tax.
No, but use tax will apply. What is use tax and how is it calculated?
credit sales
yes and no. If you purchase a used car from a dealer, yes you pay tax. If you purchase the car from a private seller, you don't have to pay sales tax.
No
What is the sales tax on a used RV licensed in Minnesota involving a private sale
I Dont Belive There Is One. Most private party purchases are purchased the way they are unless you have a document saying otherwise.
No ... there is no sales tax on private person to person sales on used cars. Buying from a dealer may be a different story.
purchases ledger rates/charge list receipts etc....
no
Examples of books of original entry are the sales day book, the purchases day book, the sales returns book, the purchases day book, the journal, and the cash book. These are books used in accounting.