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mmmsoap t1_ixze164 wrote

Reply to comment by [deleted] in Do both buyer and seller pay tax for private party sales of vehicle? by [deleted]

I can say the opposite happened to me. I bought a car from family for a very reduced price, but paid sales tax on the value, not the sales price.

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[deleted] OP t1_iy0jq6c wrote

Someone above wrote that the RMV agent has discretion to override the value written with the NADA value. Maybe because I tend to put the actual amount I paid on the bill of sale, they go with that. I bought a motorcycle at the end of the season for about half what it was worth and they only charged me tax on what I paid.

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