Item | Description | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 |
---|---|---|---|---|---|---|
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, § 26 , c. 64I, § 27 Estimate: $132.4 |
119.3 | 122.6 | 124.4 | 127.9 | 132.4 |
ORIGIN | |
M.G.L. | Massachusetts General Laws |
---|---|
ESTIMATES | All estimates are in $ millions. |