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#1 |
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Senior Member
Join Date: Jul 2014
Posts: 6,548
Thanks: 1,184
Thanked 2,180 Times in 1,355 Posts
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How long does that requirement exist, and why not keep it registered in NH until then?
Sent from my SM-G990U1 using Tapatalk |
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#2 |
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Senior Member
Join Date: Jan 2006
Posts: 6,946
Thanks: 795
Thanked 1,493 Times in 1,040 Posts
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You have to pay the sales tax in Fl too if you register a NH purchased car there. On the other hand if you buy a car in Fl and register it in NH you don't pay the sales tax.
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#3 |
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Senior Member
Join Date: Feb 2015
Posts: 848
Thanks: 116
Thanked 212 Times in 134 Posts
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Over time it will work out to be about the same $ as it would cost him to continue registering in NH. His annual registration in VT will be something like $70 VS $300+ that he could be paying in NH.
Also notable, when he files his VT State Tax Return, there is a line on the form for him to claim/pay the 6% VT sales tax on items he bought in NH. Examples would be furniture, household appliances or a lawn mower.... |
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#4 | |
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Senior Member
Join Date: Apr 2004
Posts: 1,332
Thanks: 128
Thanked 478 Times in 293 Posts
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Quote:
![]() MA has the same line on its tax forms. I rush to calculate how much I owe the state, NOT!!! Sent from my iPhone using Winnipesaukee Forum mobile app |
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#5 |
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Senior Member
Join Date: Aug 2013
Location: Bedford, NH; Meredith, NH
Posts: 1,007
Thanks: 264
Thanked 830 Times in 347 Posts
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He has a two year commitment to GE in Rutland, as they gave him a relo pkg and he's in an Engineering Development Program. After two years, he can either stay there, or transfer to a different GE facility. Since it was that length of time, we decided he should play by the rules and get a VT driver's license, register to vote, register his car, get it insured there, etc.
I suppose we could have kept everything under the radar and kept his car registered and insured in NH, but we've always tried to do things above board. And, if there were ever an accident, the ins co could refuse to pay since the car was not "garaged" in NH. |
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