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#3
07-26-2004, 08:02 AM
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 Re: How to reduce used Car Sales Tax (Private Party transaction) kannayya[at]hotmail.com (Kan) wrote: - quote - > I live in California and I negotiated a used car (from
Fraud is always a red flag.> Private party) for $19,000. If I mention $10,000 as "sale > amount" - will there be a RED flag for DMV? (The Blue book > value for this car is about $20,000) > I want to pay as less sales tax as I can on this and not > raise a flag. Does any one here have experiences or know > about these red flags in CA DMV, can u please let me know. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#2
07-26-2004, 07:43 AM
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| Re: How to reduce used Car Sales Tax (Private Party transaction) Kan wrote: - quote - > I live in California and I negotiated a used car (from
It doesn't matter what state you're in, the tax authorities> Private party) for $19,000. If I mention $10,000 as "sale > amount" - will there be a RED flag for DMV? (The Blue book > value for this car is about $20,000) > I want to pay as less sales tax as I can on this and not > raise a flag. Does any one here have experiences or know > about these red flags in CA DMV, can u please let me know. will want evidence of what you paid for the car. In other words, you should pay the correct tax based on the 19,000$. ChEAr$, Harlan Lunsford << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#1
07-26-2004, 06:26 AM
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| Re: How to reduce used Car Sales Tax (Private Party transaction) "Kan" <kannayya[at]hotmail.com> wrote: - quote - > I live in California and I negotiated a used car (from
Do you realize that this is a public forum? If somebody with> Private party) for $19,000. If I mention $10,000 as "sale > amount" - will there be a RED flag for DMV? (The Blue book > value for this car is about $20,000) > I want to pay as less sales tax as I can on this and not > raise a flag. Does any one here have experiences or know > about these red flags in CA DMV, can u please let me know. the Calif. Franchise Tax Board got curious enough, he or she could get Hotmail give them your login information, including your IP address. Bottom line, don't ask how to cheat on your taxes in a place that you can't control. You might was well put an ad in the paper. Gary << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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07-26-2004, 06:07 AM
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| Re: How to reduce used Car Sales Tax (Private Party transaction) Kan wrote: - quote - > Hi All,
You are asking us to tell you how to defraud the State of CA> I live in California and I negotiated a used car (from > Private party) for $19,000. If I mention $10,000 as "sale > amount" - will there be a RED flag for DMV? (The Blue book > value for this car is about $20,000) > I want to pay as less sales tax as I can on this and not > raise a flag. Does any one here have experiences or know > about these red flags in CA DMV, can u please let me know. of sales tax. Be a good citizen and pay the taxes. -- Alan http://taxtopics.net << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
07-23-2004, 01:21 PM
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| How to reduce used Car Sales Tax (Private Party transaction) Hi All, I live in California and I negotiated a used car (from Private party) for $19,000. If I mention $10,000 as "sale amount" - will there be a RED flag for DMV? (The Blue book value for this car is about $20,000) I want to pay as less sales tax as I can on this and not raise a flag. Does any one here have experiences or know about these red flags in CA DMV, can u please let me know. Thanks << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| car, party, private, reduce, sales, tax, transaction |
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