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Do you have to pay taxes when selling a car?

April 26, 2017car pay Selling taxes

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Do you have to pay taxes when selling a car?

1 Answer

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10 Posted

If you are selling cars as a professional or a business owner/car dealer, then you are of course required to pay tax for that business. If you are a private seller, the tax that you would have to pay for is concerned with the legal process of turning the ownership rights.