I am planning to buy a new car from a dealer in South Carolina, but I am a Florida resident... Do I have to pay tax ? Is there a benefit of doing so ?
Thanks
2006-11-02 05:45:54 · 8 answers · asked by TheMorbidMe 2 in Business & Finance ➔ Taxes ➔ United States
You are responsible for tax only in the state in which you reside. The dealer usually collects the tax you pay and forwards the proceeds to the proper tax authority. If the dealer allows you to pay the taxes directly to your tax office, they will forward paperwork stating the amount of the car and your county, municipality, city, etc will determine the amount of tax you owe. If you do not pay the taxes in a timely manner, they will find out eventually and send you a bill. Trust me, I'm still getting bills for the previous tenant who bought a car over a year ago in South Carolina. I live in Georgia. Good luck!
2006-11-06 05:50:51 · answer #1 · answered by lyk2003 2 · 0⤊ 0⤋
I live in WA state, a state with sales tax, but washington doesn't have it.
If I buy a car in Oregon, I pay taxes in Washington. Sales tax is only paid as part of registration-- dealerships do this for you, or if you buy it from an individual, you pay the taxes when you bring it back and try to change the registration.
2006-11-02 17:22:15 · answer #2 · answered by Anonymous · 0⤊ 0⤋
If you take delivery of the car in SC, then you will have to pay SC tax. Depending on how much SC sales tax you paid, you may also owe FL tax. It depends on the reciprocity agreement that FL has with SC. If the FL tax would have been more than the SC tax, then you will have to pay the difference.
2006-11-02 20:21:00 · answer #3 · answered by Steve 6 · 0⤊ 0⤋
You should be able to avoid the tax in SC because you are taking the car out of state. You would then pay tax to FL.
2006-11-02 15:58:28 · answer #4 · answered by waggy_33 6 · 0⤊ 1⤋
I live in Indiana, I have bought cars in Ohio. The sales tax was paid at the time when I went to the license branch to get my tags. (plates)
2006-11-03 04:55:48 · answer #5 · answered by Anonymous · 0⤊ 0⤋
It depends what the dealer wants to do.
For instance when I purchased my truck in Texas, I asked if they could charge me NM tax (I live in NM) since tax in NM is lower, and he did.
2006-11-02 16:28:01 · answer #6 · answered by Anonymous · 0⤊ 0⤋
yes i believe you have to pay a state to state tax i am not sure how it exactly works depending on the state you bought it and where you are taking the car call your local dmv they should beable to tell you something hope you find your anwer you are looking for
2006-11-02 14:04:43 · answer #7 · answered by Anonymous · 0⤊ 2⤋
you have to pay taxes in both places, usually.
2006-11-02 13:48:08 · answer #8 · answered by Rum_Punch_Girlie 3 · 0⤊ 1⤋