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what is the maximum car sales tax can be charged on vehicle in NYS?
I wondering how much of taxes you required to pay for purchasing a car in NYS. I could not find a clear answer to whether there is a maximum car sales tax limit of the purchase all vehicles in NYS. I came across this website called salestaxhandbook quoted "New York collects a 4% state sales tax rate on the purchase of all vehicles. There are also a county or local taxes of up to 4.5%. The maximum tax that can be charged is 725 dollars." Am I missing something?
7 Antworten
- ?Lv 6vor 3 Jahren
In NY............the sales tax, on a car, is based on the cost of the car and the percentage of the sales tax.
- Casey YLv 7vor 3 Jahren
Just like there is no maximum sales tax on the purchase of a million tvs wouldn't have any limit...the sales tax just adds up as a percentage.
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- curtisports2Lv 7vor 3 Jahren
Yeah. You are missing that whatever website that is, they pulled that $725 number out of their backside. There is NO dollar limit. State tax is 4%, county tax rates start at 3% and top out at 4.875%.
- STEVEN FLv 7vor 3 Jahren
There is NO maximum $ amount.
What you are missing is the ACTUAL WORDING of what ever you THINK limits the tax to $725. That wouldn't even cover the STATE sales tax on MOST new cars.
