Excise Bill/tax

NismoJim · 03-27-2011, 07:53 PM

Hi Chris,

Thank you for the info on the excise tax, especially how they depreciate the vehicle cost over time. I did notice on my tax bill that the State excise rate is $25 per $1000, which, I believe comes out to 2.5%. Not sure if this would change your equation's tax rate from 0.0225 to 0.025?

Thanx Again,
Jim

ChrisSlicks · 03-28-2011, 06:39 AM

Yes you're right, it is 2.5% not 2.25%, apologies for the error.

03-28-2011, 06:39 AM	#2 (permalink)
ChrisSlicks A True Z Fanatic Join Date: Mar 2009 Location: North East Posts: 6,203 Drives: 09 370Z Sport M6 Rep Power: 655	Yes you're right, it is 2.5% not 2.25%, apologies for the error. __________________ Hotchkis ARB \| Stillen CAI \| Art Pipes \| Berk CBE \| Stillen AP Racing Brakes \| AE Performance Oil Cooler \| BC Racing ER Coilovers \| Doran Control Arms

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03-27-2011, 07:53 PM	#1 (permalink)
NismoJim Base Member Join Date: Jul 2010 Location: New England Posts: 35 Drives: 2010 Nismo MB Rep Power: 17	Hi Chris, Thank you for the info on the excise tax, especially how they depreciate the vehicle cost over time. I did notice on my tax bill that the State excise rate is $25 per $1000, which, I believe comes out to 2.5%. Not sure if this would change your equation's tax rate from 0.0225 to 0.025? Thanx Again, Jim