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Abscate
Samba Member
Joined: October 05, 2014
Posts: 22670
Location: NYC/Upstate/ROW
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 Posted: Sun Jun 26, 2022 7:17 am Post subject: Re: Sales tax on private sale (RI) - how 7% becomes 25% |
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Post some pictures so we can help you remember the pleasure and forget the pain. I think I read that in Forum inthe 1960s
Sales tax is the Buyers problem , not the Sellers. I live in an extreme high tax state but 8+% won’t break a deal for me |
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cbeck
Samba Member
Joined: January 14, 2014
Posts: 2495
Location: high ridge, mo
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| Posted: Sun Jun 26, 2022 2:42 pm Post subject: Re: Sales tax on private sale (RI) - how 7% becomes 25% |
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| Lingwendil wrote: |
| Abscate wrote: |
In NY you pay on the value or on a signed bill of sale declaring the actual sales price.
The equivalent form in RI is T -334. If you cheat on this you are a tax cheat. |
The Man should have no part in taxation profits on a private transaction between individuals selling used goods to one another.  |
It has already had sales tax paid on the original purchase. Just another way to shaft us.
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My cut in half and rebuild thread
www.thesamba.com/vw/forum/viewtopic.php?t=647779 |
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Salinity
Samba Member
Joined: November 02, 2021
Posts: 172
Location: RI
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| Posted: Mon Jun 27, 2022 7:04 am Post subject: Re: Sales tax on private sale (RI) - how 7% becomes 25% |
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| my59 wrote: |
| Omg, this is still being kicked around? Pay the tab and figure out another way to mess with the system. How much is hot air worth?? |
Woah there - I was simply updating the thread with (1) the actual NADA value assigned to the van and (2) the difficulty finding a dealer to do the appraisal. In case someone else from RI wants to buy a similar van. You know - information.
There are so many dead-end threads on this forum I wasn't about to let this one not have some closure.
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85 1.9L GL Tintop |
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EverettB 
Administrator
Joined: April 11, 2000
Posts: 69829
Location: Phoenix Metro
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Erik G
Samba Member
Joined: October 16, 2002
Posts: 13281
Location: Tejas!
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| Posted: Mon Jun 27, 2022 1:28 pm Post subject: Re: Sales tax on private sale (RI) - how 7% becomes 25% |
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| Same - it's like facebook, if you don't like it, scroll past |
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Abscate
Samba Member
Joined: October 05, 2014
Posts: 22670
Location: NYC/Upstate/ROW
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| Posted: Wed Jun 29, 2022 5:15 am Post subject: Re: Sales tax on private sale (RI) - how 7% becomes 25% |
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| cbeck wrote: |
| Lingwendil wrote: |
| Abscate wrote: |
In NY you pay on the value or on a signed bill of sale declaring the actual sales price.
The equivalent form in RI is T -334. If you cheat on this you are a tax cheat. |
The Man should have no part in taxation profits on a private transaction between individuals selling used goods to one another. |
It has already had sales tax paid on the original purchase. Just another way to shaft us. |
Varys by state, but sales tax is due on every retail transaction, so unless you are in the business of selling stuff, it’s due on each transaction, not just when new. About half our garage sales in our neighborhood collect tax, usually because they are either State employees or lawyers and have to be clean on legal matters.
Thanks for closure on the tax and assessment procedure in RI!
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.ssS! |
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