|
03-15-2024, 07:12 AM
|
|
Sage
|
Join Date: Nov 2020
Location: Village of Hillsborough
Posts: 7,303
Thanks: 2,262
Thanked 7,698 Times in 3,013 Posts
|
|
Quote:
Originally Posted by BrianL99
Quote: "(2) An exempt isolated sale or transaction occurs when an entity, which for purposes of this rule is a “person,” as defined in Section 212.02(12), F.S., required to be registered as a dealer, either distributes tangible personal property in exchange for the surrender of a proportionate interest in an entity, or transfers all, or substantially all, of the property of a person’s business, or a division thereof. Also, the transfer of property to an entity in exchange for an interest therein in proportion to the tangible personal property contributed is exempt as an isolated sale."
I *think* this only applies to a "person who is required to be registered as a dealer", sells off a business or miscellaneous items".
I'm sure there's a specific state regulation or opinion that codifies the situation of a private party, selling a golf cart, but I can't find it.
|
Quote:
Originally Posted by spinner1001
Read (1) of the rule.
|
(1) applies in general
(3) applies more specifically to individuals selling their personal property
__________________
Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works.
Confirmation bias is real; I can find any number of articles that say so.
Victor, NY - Randallstown, MD - Yakima, WA - Stevensville, MD - Village of Hillsborough
|