Sales Tax? Sales Tax? - Page 6 - Talk of The Villages Florida

Sales Tax?

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  #76  
Old 03-15-2024, 04:54 PM
BrianL99 BrianL99 is offline
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Originally Posted by Bogie Shooter View Post
You are behind on your posting on the golf course condition threads.
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  #77  
Old 03-15-2024, 04:58 PM
Shipping up to Boston Shipping up to Boston is offline
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Originally Posted by Bill14564 View Post
Golf cart does not need to be registered.

Occasional sales by private individuals are tax exempt. Vehicles required to be registered will be taxed when registered. Golf carts do not need to be registered and therefore will not have an opportunity to be taxed.


Is that a sufficient explanation for you Ricky?
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  #78  
Old 03-15-2024, 05:10 PM
Richpetty42 Richpetty42 is offline
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It’s a private sale, they don’t have to get sales tax out of it, otherwise you would be paying sales tax at every garage sale you go to


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Originally Posted by BrianL99 View Post
Please tell me how a used golf cart is exempt from Florida Sales Tax?

I'm not insinuating everyone or even anyone actual pays Sales Tax, but I can't find anyplace in the laws or regulations that exempt a used golf cart. If you buy one from a dealer, you surely have to pay sales tax ... where does the supposed exemption come from, for "private sales" ?

Low Speed Vehicles - Florida Department of Highway Safety and Motor Vehicles

Chapter 320 Section 01 - 2021 Florida Statutes - The Florida Senate

What transactions are subject to the sales tax in Florida?
  #79  
Old 03-15-2024, 06:37 PM
rustyp rustyp is offline
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Originally Posted by rustyp View Post
Per the statute being referred to:
"Consumer use tax is typically imposed on taxable transactions where sales tax was not collected. A good example is an taxable online purchase where the retailed fails to collect sales tax. The responsibility shifts from the seller to the buyer who can report, file, and remit total use tax on their annual Florida income tax return."

So you all don't forget to remit your total use tax next time you fill out your annual Florida income tax return.
I need help. I could not find the line number on my Florida income tax return to make the entry.
  #80  
Old 03-16-2024, 05:32 AM
spinner1001 spinner1001 is offline
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I need help. I could not find the line number on my Florida income tax return to make the entry.
Florida corporation income tax return.
  #81  
Old 03-16-2024, 05:39 AM
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I need help. I could not find the line number on my Florida income tax return to make the entry.
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Originally Posted by spinner1001 View Post
Florida corporation income tax return.
But I am not incorporated.
  #82  
Old 03-16-2024, 06:04 AM
Causey Causey is offline
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Sales tax is collected by the state. In a private sale, the state is not involved. In a business sale, the state is involved because it licensed the business. The best course of action is too retain the sales tax in a small box, in case the state comes looking for it, that way you have it ready to pay them. I have several of these small boxes, that I store in different locations, so if the the state people find one, they don't find the others. Has worked well for me so far.
  #83  
Old 03-16-2024, 06:14 AM
spinner1001 spinner1001 is offline
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But I am not incorporated.
But you could be incorporated… if you just paid your fair share. /sarc
  #84  
Old 03-16-2024, 06:19 AM
Shipping up to Boston Shipping up to Boston is offline
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Originally Posted by spinner1001 View Post
But you could be incorporated… if you just paid your fair share. /sarc
Getting back to OP original query....and to summarize, IF the cart needs to be registered and/or insured then yes, the state will put its mitts on the transaction
  #85  
Old 03-16-2024, 06:27 AM
rustyp rustyp is offline
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Originally Posted by spinner1001 View Post
But you could be incorporated… if you just paid your fair share. /sarc
What do I incorporate as - financial advisor ? /sarc eieio

Last edited by rustyp; 03-16-2024 at 08:15 AM.
  #86  
Old 03-16-2024, 06:35 AM
BrianL99 BrianL99 is offline
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Originally Posted by Shipping up to Boston View Post
Getting back to OP original query....and to summarize, IF the cart needs to be registered and/or insured then yes, the state will put its mitts on the transaction
Temporary at best.

Despite their efforts to remain an "innocent 3rd party", eBay now is required to collect sales tax on all transactions.

Despite AirBnb's argument that they're only an innocent 3rd party or conduit, they're being forced to collect hotel taxes.

As we move towards a cashless society, the ability for big brother to track sales/purchases, increases exponentially. Collecting sales tax on a used vehicle when it is "Registered", is merely an expedient solution for taxing authorities, at this point in time.

If you buy a used car from a private party and never register it, you don't have to pay a sales tax? That defies logic. It's merely common practice, because it's the expedient solution.
  #87  
Old 03-16-2024, 07:04 AM
Susan1717 Susan1717 is offline
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I would assume the only tax that would be paid is if the golf cart is street legal and requires a license plate. Then the state collects when you register it at the dmv.
  #88  
Old 03-16-2024, 07:13 AM
Bill14564 Bill14564 is offline
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Quote:
Originally Posted by BrianL99 View Post
...

If you buy a used car from a private party and never register it, you don't have to pay a sales tax? That defies logic. It's merely common practice, because it's the expedient solution.
Correct, if you buy a used car from a private party and never register it, you don't have to pay a sales tax. But, what defies logic? That you wouldn't have to pay sales tax or that you wouldn't register a car you just bought?

Yes, it is an expedient solution because the alternative would be to require private citizens to calculate, collect, and remit the taxes. Since nearly every vehicle sold will be registered, it is far easier to put that burden on the state office that administers the registrations. Note that this is only required for private sales, if a business sells the vehicle then the business must collect the sales tax.
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  #89  
Old 03-16-2024, 07:16 AM
retiredguy123 retiredguy123 is offline
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Quote:
Originally Posted by rustyp View Post
What do I incorporate as - financial advisor ? /sarc
Note that, when you incorporate, you create a separate entity, the "corporation". So, techically, a person doesn't "incorporate".
A person is not a corporation and does not own a corporation. The corporation is a separate, taxed entity.
  #90  
Old 03-16-2024, 07:20 AM
kkingston57 kkingston57 is offline
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Quote:
Originally Posted by Bogie Shooter View Post
If I sell my used golf cart to my neighbor, I am not authorized to collect sales tax.

You say I have to go register as a seller and then I can sell my cart.
Balderdash!
Doesn’t common sense come into play.
Problem is that common sense and laws are not the same. When a person buys a used car from a private seller they need to report the sales tax when they register the car.
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