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An individual who titles a motor vehicle with the West Virginia Division of Motor Vehicles must pay a $10 title fee and a 5 percent title privilege tax (rather than the 6% sales tax). For vehicles purchased new by West Virginia residents, the measure of this tax is the net sales price of the vehicle.
Beginning on July 1, 2016, a sales tax exemption applies to the first US$32,000 of the selling price of a qualifying new plug-in electric car, which translates into a tax savings between US$2,600 and US$3,100 for plug-in car buyers depending on where the dealer is located within the state, as the sales tax varies by county.
Oklahoma has enacted a number of taxes on alcoholic beverages. The alcoholic beverage tax on liquor is an excise tax varying in amount depending on the alcohol by volume of the drink and an excise tax of $11.25 on each barrel of low-alcohol beer sold. A special sales tax of 13.5% is levied on the sale of all mixed drinks .
August 13, 2024 at 8:00 AM. Andy Alfaro/aalfaro@modbee.com. California’s electric vehicle owners, who are disproportionately wealthy, are also tax dodgers. Ironically, the money the state should ...
The U.S. Treasury Department on Friday issued new guidance on how a $7,500 electric vehicle tax credit can be used as a point-of-sale rebate starting in January. Currently, consumers can only take ...
The tax-free period includes anything that is considered tangible personal property that is $500 or less, except watercraft, anything with an outboard motor that must be titled, a motor vehicle ...
Consequently, in most parts of the state the sales tax rate is higher than the use tax rate. Motor vehicles. Until 2013, Missouri imposed a Highway Use Tax on all motor vehicles titled in Missouri but not bought in Missouri. As a result of litigation over the proper local tax to impose on such motor vehicles – sales tax or use tax – the ...
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