Common use of Sales Tax Status Clause in Contracts

Sales Tax Status. The municipalities, counties, and States where a vehicle is sold will often impose taxes on that transaction. Some Sellers will include this in the purchase price while others will not. Naturally, such information is vital to the Buyer’s ability to remain aware of his or her obligations. This distinction should be made in this document by selecting a checkbox to state that all sales taxes are included in the purchase price or a checkbox declaring the purchase price excludes any sales tax that may be expected by the relevant jurisdiction where the vehicle transaction occurs. Section 7. Authorization (17)

Appears in 8 contracts

Samples: Sale Agreement, Vehicle Sale Agreement, Vehicle Sale Agreement

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