Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

On sales of tires, is the federal excise tax subject to transaction privilege tax?

April 26, 2017Federal privilege sales Subject tax tires transaction

0

Posted

On sales of tires, is the federal excise tax subject to transaction privilege tax?

1 Answer

0

Posted

Yes. It is a manufacturing tax imposed upon manufacturers and passes on to consumers. back to top Are auctioneers required to obtain a transaction privilege tax license? Yes. Sales by auctioneers whether or not the property is owned by them are taxable as retail sales.