<VV> Re Sales Tax on titles

[Frank DuVal]

Bill:

Does your son still live in Virginia? Most jurisdictions I have lived in 
here in VA only charge personal property tax on the vehicles you own on 
a certain date, typically December 31st. So I didn't get a new tax bill 
when changing titles until the next year. I have heard of some charging 
for 1/2 year ownership.

But sales tax, aka titleing tax of 2% herein VA, is collected on any 
title transfer, except for gifts among family members. Sometimes you 
have to ask for the sales tax releif on family transfers. Even "gift" as 
sales price for a non-family transaction will trigger the minimum $35 
sales tax fee on title transfer.

Also, while there may be more reasons for transferring title than stated 
in your e-mail, if you just want another person to drive your car, just 
add them to your insurance policy. I have done this twice when long term 
loaning cars to friends. In both cases their records must have been 
clean as my insurance did not go up. Not a recomendation, just another 
way to do it.

Some localities give half year refunds on decals when you turn them in, 
just like the state. Also, a 1994 Honda should have very little personal 
property tax since that "no car tax" guy was elected governor a few 
years ago. This is political, so no more comments from me unless this 
goes to VV-talk!

Frank DuVal



Bill Hubbell wrote:

>Sadly, taxes are a fact of life, it seems.  While I have my son's 1965 
>Corvair out of commission in my garage (body repair and repaint) we gave him 
>our 1994 Honda Civic to drive.  Since he is now 25 and living outside the 
>home, we needed to transfer the title to his name in order for him to insure 
>it.  That meant that even though I had already paid personal property tax on 
>the car for this year, he got hit with a bill for the same amount of tax as 
>soon as he got the new title.  He also got to pay the city sticker tax 
>again.
>
>Yes, it is too bad that NY has cracked down on its sales tax collections, 
>but while we are there we will be driving on their roads and enjoying their 
>city services, etc., so why shouldn't we be contributing something for their 
>upkeep?
>
>And I wonder how many on this list report the value of goods and services 
>ordered out of state and pay the Consumers Use Tax (or whatever your state 
>calls it) when they file their State Income Tax (Alaska, Florida, Nevada, 
>South Dakota, Texas, Washington, Wyoming, New Hampshire and Tennessee 
>excepted)?
>
>Of course, we could just limit our conventions to Alaska, Delaware, Montana, 
>New Hampshire, or Oregon (States with no Sales Tax).
>
>Bottom line, folks, taxes are a fact of life if you want public services, 
>roads, etc.  Each state has their own mix of taxes to accomplish the fact - 
>some hit the citizens of the state more heavily with personal property or 
>income taxes, others rely on sales taxes, etc.  Be glad we don't live in 
>Europe, where the gasoline tax accounts for about 66% of the cost (vs. about 
>18% here in the US); where the VAT (Value Added Tax) adds 15% or more to all 
>commercial activities involving the production and distribution of goods and 
>the provision of services.
>
>But, if you all really don't like taxes, and can think of a better way, then 
>stop your griping and become politically active and do something about it. 
>Write to your representatives, write letters to the editor of your local 
>newspaper, run for office, VOTE.
>
>Oh, wait.  That's right.  CORSA folks just like to gripe about things - they 
>don't really want to get involved.  Why, just look at the recent vote totals 
>for our past few elections.
>
>2005 CORSA Board Elections: 703 ballots cast out of  5101 mailed = 13.8%
>
>2005 Bylaws Amendment Elections: 346 ballots received out of 5115 mailed = 
>6.8 % of all ballots mailed
>
>2006 CORSA Board Elections: Something like 200 or so ballots cast in the 
>East, maybe a 100  in the Central, and 62 in the west - totaling about 350 
>or so out of a membership of 5,000 --- WOW, a whopping SEVEN PERCENT!!
>
>Just pay the taxes, people.
>
>Bill Hubbell
>Eastern CORSA Director
>
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