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Aug. 30—BLUEFIELD — The increased "book value" of vehicles is impacting residents in both Virginias this year as they get ready to pay higher personal property taxes. Counties assess the value ...
Sep. 2—Gov. Jim Justice said Thursday placing the fate of the local vehicle personal property tax in the hands of legislators, which is included in Amendment 2 on the November ballot, was "bait."
The trade-in value of the vehicle can be deducted from the price of a new car, lowering the out-the-door price and thus the amount of taxes that need to be paid on it.
The largest property tax exemption is the exemption for registered non-profit organizations; all 50 states fully exempt these organizations from state and local property taxes with a 2009 study estimating the exemption's forgone tax revenues range from $17–32 billion per year.
The Costa Rican car property tax, commonly referred to as Marchamo, is among the highest in Latin America, with rates that can go up to 3.5% of the fiscal value of the vehicle yearly. When compared to the Costa Rican minimum wage (₡331,516.22 a month, equivalent to US$597.33), the tax on an average US$15,000 (₡8,600,000) car can be ...
The Virginia Department of Motor Vehicles (Virginia DMV) serves a customer base of approximately 423,000 ID card holders and 6.2 million licensed drivers with over 7.8 million registered vehicles in Virginia. Virginia DMV has more daily face-to-face contact with Virginia's citizens than any other state agency.
A wheel tax is a vehicle registration fee commonly used on automobiles generally less than 8000 pounds in the United States by some cities and counties. The problem that a wheel tax attempts to solve is that many people come into a community from outside to work and, as a result, use the community's roads, water, sewer, and so forth, but pay no taxes into the community as a result of living ...
For example, based on Virginia’s requirements, each person in the other vehicle is entitled to $30,000 in reimbursement for medical costs, with the total medical payout not to exceed $60,000.