Massachusetts does the same thing. I purchased my 1970 Spit for $600,
but had to pay sales tax on $1300, the "official" value determined by
the state. Go figure...
----- Original Message -----
From: "Michael D. Nugent, Ph.D." <nugentmd@gte.net>
To: <spitfires@autox.team.net>
Sent: Thursday, July 27, 2000 9:41 PM
Subject: Re: BIZARRE LAWS (all cars)
>
> The hot news here in Washington (the state) is that "use tax" (a
form of sales
> tax paid when you first transfer title of a car as the result of a
sale) on
> cars sold between private parties will no longer be based on what
the actual
> sales price was if that amount is below the value listed in the
state-approved
> "red book."
>
> For example, if you buy a used Spitfire for $1000 and the book lists
it as
> being worth $2500, your tax bill is based on the $2500. Creative,
aren't we?!
>
> Mike
> Renton, WA
>
>
>
>
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