NettetDue dates are based on the gross rental receipts a motor vehicle rental company collects per quarter: more than $1,500 in gross rental receipts per quarter: file monthly. … NettetWhen you rent a vehicle, you must collect motor vehicle rental tax from your customer, unless they can claim an exemption. Tax is collected on the "gross rental receipts" …
Can I deduct an excise tax? - Intuit
Nettet13. jan. 2024 · For example, some states refer to certain vehicle registration fees as an excise tax. Excise taxes imposed on personal property (vehicles, campers, boats, RVs, etc.) are an allowable deduction if two conditions are met: The excise tax is determined by the property's value, usually a set percentage; The excise tax is imposed annually; … NettetKansas Sales Tax (7.3%) 2.97 Vehicle Rental Excise Tax (3.5%) 1.43 TOTAL $ 45.14. RATE OF TAX ON LEASES AND RENTALS . The rate of sales tax due on leases and rentals of motor vehicles, trailers, semi-trailers, or aircraft depends on whether or not the payment thereof involves periodic payments. See NOTICE 03-05. Periodic Payments hackear canal de television
Wyoming Sales Tax Guide Chamber of Commerce
Nettet1. jan. 2024 · Effective January 1, 2024. House Bill 8 passed during the 2024 Kentucky legislative session, establishes a new 6 percent (6%) excis e tax on the gross receipts … NettetFor Additional Information on the Motor Vehicle Fuels Tax Call the Business Tax Subdivision/Excise Tax Field Unit at 860-541-3224, Monday through Friday, 8:30 a.m. … NettetTrailer rentals are not subject to the Indiana Motor Vehicle Rental Excise Tax. Finally, vehicles that are rented by sales tax-exempt entities are not exempt. Marion County has a supplemental auto rental excise tax of 6 percent of the gross retail income. Trucks weighing over 11,000 pounds are exempt from the Marion County supplemental tax. brady construction llc