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re: Tax Title & License Cost

Posted on 5/15/13 at 10:48 am to
Posted by Tigerpaw123
Louisiana
Member since Mar 2007
17318 posts
Posted on 5/15/13 at 10:48 am to
quote:

You just tell the seller to say a different price


= tax fraud
Posted by Tigerpaw123
Louisiana
Member since Mar 2007
17318 posts
Posted on 5/15/13 at 10:52 am to
Tax is just like sales tax on anything else you buy, it is calculated at the rate for the parish you live in regardless of where you buy at, and as stated earlier if you are trading in a vehicle, you get to reduce your taxable amount by the trade in price...IE


$30,000 negotiated sales price of new vehicle

$10,000 dollar trade in

then you would pay your parish rate on the difference of $20,000

in Ascension it is 8.5% so tax would be $1,700

Title should be negligible and around $200
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