Massachusetts vehicle excise tax calculator

How much is excise tax on a car in MA?

The excise rate is $25 per $1,000 of your vehicle’s value. It is charged for a full calendar year and billed by the community where the vehicle is usually garaged. If your vehicle is registered in Massachusetts but garaged outside of Massachusetts , the Commissioner of Revenue will bill the excise .

How is Massachusetts excise tax calculated?

The excise due is calculated by multiplying the value of the vehicle by the motor vehicle tax rate. The tax rate is fixed at $25 per one thousand dollars of value. The value of a vehicle is determined as a percentage of the manufacturer’s suggested retail price for that vehicle based on the year of manufacture.

Can you pay excise tax online Massachusetts?

Pay your bill online You can pay your excise tax through our online payment system. You need to enter your last name and license plate number to find your bill.

How do I calculate sales tax on a car in Massachusetts?

Multiply the net purchase price or NADA value by the state’s sales tax rate. At the time of publication, the state sales tax rate was 6.25 percent.

What is Massachusetts excise tax used for?

Like a property tax , which pays for services in the city or town in which the property is located, revenue from the Motor Vehicle Excise Tax is used by Massachusetts municipalities to provide public services.

What is the minimum excise tax in Massachusetts?

The minimum excise tax bill is $5. The excise tax rate is $25 per $1,000 of assessed value.

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How do I pay my old excise tax in Massachusetts?

How do I pay for overdue excise taxes that have been marked at the Registry of Motor Vehicles for non-renewal? Payment at this point must be made through our Deputy Collector Kelley & Ryan Associates (508) 473-9660. For your convenience payment can be made online through their website www.kelleyryan.com.

Is Massachusetts excise tax deductible?

A: Yes, vehicle excise tax is a proper itemized tax deduction . A: The MA Excise tax on autos is in the nature of a personal property tax , such as other states impose on their citizens. It is, therefore, deductible , provided you itemize your deductions .

Why do we pay excise tax on cars?

“Motor Vehicle Excise tax revenue goes to a community’s general fund for the support of the general operating budget. Use of this revenue is unrestricted.” So it’s not earmarked. Of course a community could decide to spend it on road repairs…

What is Ma corporate excise tax?

Rate Structure: The effective excise rate on corporations is 9.5% of net income apportioned to Massachusetts , and $2.60 per $1,000 of the value of Massachusetts tangible property or net worth allocable to Massachusetts . The minimum tax is $456.

Which states have excise tax on cars?

Connecticut, Virginia, Mississippi and Rhode Island are among the states that levy taxes on vehicles.

How much does it cost to register a car in MA?

Fast, Free Auto Insurance Quotes

DMV or State Fees
Car sales tax & use tax 6.25%
Vehicle Registration Fee $60
License Renewal Sticker – Registration Renewal $60 – regular plates renewal for two years $100 – reserve plates – keep plate number for two years $80 vanity plates – renewal for one year
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How much is tax title and registration in MA?

Vehicle registration fee: $60. Add or delete a lien holder on car title: $25 . Certificate of title transfer fee: $75 . Registration gift tax transfer: $25 .

What age vehicles are tax exempt?

Tax exemption for classic cars is now rolling. This means that from 1 April each year, vehicles manufactured more than 40 years before 1 January of that year are automatically exempt from paying Vehicle Excise Duty (VED), otherwise known as road tax .

Do you pay tax at dealership?

Alberta is one of four jurisdictions in Canada that does not collect a provincial sales tax so, as in other provinces, you ‘ll only pay the five percent GST if you buy your vehicle from a dealership , and private sales are not taxed .

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