not since 2010
Lexus
I believe any non-commercial vehicle over $50,000 or $55,000 in the USA has the tax.
7.25% is the sales tax rate for cars registered in DuPage County, Illinois
no their is no luxury tax in California anymore.
The luxury tax is a tax on luxury goods, which are products considered not essential for living. The luxury is levied at different rates depending on the price of the product.
Names of 2008 Luxury Cars?
The current total local sales tax rate in Kendall County, IL is 7.25%
yes Mercury luxury are cars but not as fast as others
The collective noun for luxury cars is the same as the collective noun for any type of car, a fleet of luxury cars.
Yes, but it is not always called a luxury tax; it may be called a surcharge, an excise tax, or something else entirely. It is generally triggered by the purchase of a "non-essential" (luxury) item (such as a yacht, private jet, or a high-end motor vehicle), and requires the buyer to pay taxes on the purchase at a higher overall tax rate than the rate he would have to pay if he had purchased a non-luxury item. An extra tax surcharge is imposed on all or part of the purchase price of a luxury item (and the tax laws define what constitutes a "luxury" item). Some states impose a "luxury" tax on the purchase of cars that get too few miles to the gallon, apparently because the buyer can afford all the extra fuel he'll need to operate the car.
You would use the tax rate of the city in which the car would be registered. So, if you bought a car in Chicago, but live and register your car in Schaumburg, the dealer or state would use the Schaumburg tax rate when calculating your tax.The Illinois sales tax on new cars is 6.25 percent of the sale price of the car. The car dealer collects the sales tax and enters it on form ST0556.
sale package 10000 so what amount we will calculate in luxury tax & what is the reason