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mikehansen11
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| Number of Posts: | 5 |
| Registered on: | 7/16/2015 |
| Online Status: | Not Online |
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re: Company vehicle title transfer
Posted by mikehansen11 on 2/9/23 at 10:01 am to coverboy
Vehicle titled in the name of a corporation can be transferred to an individual by
submitting proof the vehicle has been fully depreciated off the books of the corporation provided one of the following documents is submitted:
? Photocopy of the ledger sheet indicating a zero balance.
? Copy of the minutes of the Board of Directors’ meeting specifically authorizing the donation and stating that the vehicle has been fully
depreciated.
? Each document should include the VIN, make, and year of the subject
vehicle OR adequate information to sustain verification that subject vehicle
is the specific vehicle in question.
o A sole owner of a corporation can donate (See Section IV, Policy/Procedure
Statement #52.0) a vehicle titled in the name of the corporation provided these documents are submitted:
? A copy of the minutes of the Board of Directors’ meeting authorizing the donation.
? An act of donation, which includes the VIN, make, and year of vehicle, executed by the sole owner of the corporation before a notary
submitting proof the vehicle has been fully depreciated off the books of the corporation provided one of the following documents is submitted:
? Photocopy of the ledger sheet indicating a zero balance.
? Copy of the minutes of the Board of Directors’ meeting specifically authorizing the donation and stating that the vehicle has been fully
depreciated.
? Each document should include the VIN, make, and year of the subject
vehicle OR adequate information to sustain verification that subject vehicle
is the specific vehicle in question.
o A sole owner of a corporation can donate (See Section IV, Policy/Procedure
Statement #52.0) a vehicle titled in the name of the corporation provided these documents are submitted:
? A copy of the minutes of the Board of Directors’ meeting authorizing the donation.
? An act of donation, which includes the VIN, make, and year of vehicle, executed by the sole owner of the corporation before a notary
re: Company vehicle title transfer
Posted by mikehansen11 on 2/9/23 at 9:52 am to coverboy
They’re not going to charge sales tax if it’s a donation.
re: How Powerful was Carlos Marcello?
Posted by mikehansen11 on 11/21/21 at 10:46 am to TigenPenn
Opposing coaches "They're Soft"
Posted by mikehansen11 on 10/2/17 at 10:12 am
LINK
Sorry if this was already posted. Pretty telling of problems much deeper than talent, told by those who study the film for a living.
Sorry if this was already posted. Pretty telling of problems much deeper than talent, told by those who study the film for a living.
re: Need advice: Gifting a car registered in Texas to my grandson in Louisiana
Posted by mikehansen11 on 9/22/16 at 2:12 pm to HubbaBubba
You will need to do an Act of Donation. The form can be found on LA. DMV's website. No tax due if you use this.
Additionally, make a copy of your Texas drivers license so they know you are not a Louisiana resident and give this to him.
If he has no Drivers license, then you can still put the vehicle in his name, he just cant get a plate and registration until he can drive. The only snag with this is if he has no ID, he won't be able to get the donation form Notarized. Might be best to put in his dad's name and then the Dad can later donate to him.
Hope this helps.
Additionally, make a copy of your Texas drivers license so they know you are not a Louisiana resident and give this to him.
If he has no Drivers license, then you can still put the vehicle in his name, he just cant get a plate and registration until he can drive. The only snag with this is if he has no ID, he won't be able to get the donation form Notarized. Might be best to put in his dad's name and then the Dad can later donate to him.
Hope this helps.
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