Are vehicles, boats and trailers exempt from sales tax?
Certain states do not collect sales tax on some of these items. Depending on the state, city and county, sales tax may need to be collected. Buyers must provide resale certificates or a copy of their vehicle/vessel dealer’s license in order to be exempted from sales tax on vehicles or vessels. Resale exemption forms must be received before 5 pm EST on the close date of that particular sales event. Q: What is the “acquisition cost”? How does it factor in to my bid? A: The acquisition cost listed on the website is the cost of the item to the government upon original acquisition. It is provided only to inform you and in no way factors in to your bid or the final price of the item. Q: What is a Demil code and why is it important? A: A demil code is a code assigned by the Federal Government that identifies the level of required demilitarization. Demilitarization refers to the reutilization of property previously used in the government sector into the public sector. All items on the www.govl
Certain states do not collect sales tax on some of these items. Depending on the state, city and county, sales tax may need to be collected. Buyers must provide resale certificates or a copy of their vehicle/vessel dealer’s license in order to be exempted from sales tax on vehicles or vessels. Resale exemption forms must be received before 5 pm EST on the close date of that particular sales event. Q: What is the “acquisition cost”? How does it factor in to my bid? A: The acquisition cost listed on the website is the cost of the item to the government upon original acquisition. It is provided only to inform you and in no way factors in to your bid or the final price of the item. Q: What is a Demil code and why is it important? A: A demil code is a code assigned by the Federal Government that identifies the level of required demilitarization. Demilitarization refers to the reutilization of property previously used in the government sector into the public sector. All items on the www.govl
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- Are vehicles, boats and trailers exempt from sales tax?
