3.606 -Exemption for Trade-in Allowances for Motor Vehicles and Trailers

Item DescriptionFY2011 FY2012 FY2013
3.606 Exemption for Trade-in Allowances for Motor Vehicles and Trailers
In most cases, motor vehicles and trailers bought in a trade-in transaction are only subject to sales tax on the excess of the purchase price over the amount credited for the trade-in.

Origin:  M.G.L c. 64H, S. 26, c. 64I, S. 27
Estimate:  $95.7 		89.9 92.4 95.7

Key:

ORIGIN  
M.G.L. Massachusetts General Laws
ESTIMATES All estimates are in $ millions.