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Q: Does Illinois have a luxury tax for cars?
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Related questions

How much is the luxury tax on cars in Virginia?

Lexus


Tax on luxury cars?

I believe any non-commercial vehicle over $50,000 or $55,000 in the USA has the tax.


What is California's luxury tax?

no their is no luxury tax in California anymore.


What is the tax rate for new auto in DuPage county?

7.25% is the sales tax rate for cars registered in DuPage County, Illinois


What is the rate for Luxury Tax?

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?

Names of 2008 Luxury Cars?


Are Mercury luxury cars?

yes Mercury luxury are cars but not as fast as others


What is the Collective noun of luxury car?

The collective noun for luxury cars is the same as the collective noun for any type of car, a fleet of luxury cars.


What is the sales tax in kendall county Illinois for new cars?

The current total local sales tax rate in Kendall County, IL is 7.25%


Is there such thing as a luxury tax?

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.


How much is the luxury tax in ct?

Luxury tax adds 15% to your total cost. For instance, a $600 pair of jeans would be taxed an additional $30 for luxury tax.


How do you calculate luxury tax?

sale package 10000 so what amount we will calculate in luxury tax & what is the reason