In Reply to: No BMW tax, it's personal property tax... posted by RKS on January 26, 2000 at 22:33:16:
I know in Mass it's either what you paid or the value. Which ever is higher, cheesy huh?
: Don't know what you drove before in the People's Republic of California, but registration price is based on value of car, which ain't based on market or what you paid for the used car, but on original MSRP factored down over time. Sucks.
: Nevada is the same way. Makes me yearn for NJ.
: Personal property taxes are tax deductible if you itemize your deductions on your tax return.
: As always, consult your tax advisor.
: reared in NJ
: transplanted to CA
: now in NV