Does the “90-day test” or the “12-month test” apply to my October 1, 2004, purchase of a vehicle, vessel, or aircraft?
The “90-day test” applies to determine the application of tax to the use in California of a vehicle, vessel, or aircraft purchased outside of California on October 1, 2004. The new 12-month test takes effect October 2, 2004. Back to Top or New Rules • Which law applies if I enter into a binding contract to purchase a vehicle, vessel, or aircraft on or before October 1, 2004,but delivery of the vehicle, vessel, or aircraft occurs after October 1, 2004? If a binding contract for the purchase of the vehicle, vessel,or aircraft is entered into on or before October 1, 2004,the law that was in effect prior to October 2, 2004, applies, even if the delivery of the vehicle, vessel, or aircraft occurs after October 1, 2004. Back to Top or New Rules • Which law applies if I have entered into a binding contract to purchase a vehicle, vessel, or aircraft prior to or on October 1, 2004, but the construction of the vehicle, vessel, or aircraft will not be completed until after October 1, 2004? If a b
