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  1. #1
    Elite Member hazmat's Avatar
    Join Date
    Feb 2002
    Posts
    4,018
    Location
    West Newbury, MA & Harrison, ME
    Tractor
    Kubota L5460HSTC

    Default Sales Tax & Financing

    I live in North East Massachusetts (5% sales tax). The closest dealers for the big three are all in Tax Free New Hampshire. If I purchase and finance a tractor will the dealer collect sales tax?

    I know that I am required by Mass to pay the tax, but might be willing to risk it. If the New Hampshire dealers collect the tax, I will look in Mass as far as price comparison goes.

    Hopefully the CFO will approve this purchase & change this from a theoretical question to a practical dilemma.

    Steve

  2. #2

    Default Re: Sales Tax & Financing

    Oh NO not another sales tax dodger !!!! The state needs all of your hard earned money !!!

    The bad news: The state of Mass requires that you pay sales tax ( 5 % ) on your purchases ( in MA ) or a USE tax ( 5 % ) on anything that is purchased outside the state for use in MA.

    Now the good news: If you buy the tractor in New Hampshire, the New Hampshire dealer will not collect sales tax if the tractor is delivered in New Hampshire ( at his lot ...nudge nudge!! or if you sign the papers that say you took delivery in New Hampshire ...wink...wink !! ) The finance companies don't care.

    Back to the bad news: If you need to register the tractor
    ( want to drive over the road to friends house ) the you need to pay sales tax to MA.

    How will you get caught: You shouldn't unless you brag about it or list your personal info and intentions on the Internet !!!

    Technically, you're also required to pay your town a personal property tax ( similar to excise ) on an annual basis on the tractor, your cows, and other livestock. Bet you didn't know that the electric company has to pay your town a tax for the poles and wire in your town !!!

    Save the money, buy in New Hampshire, keep it quiet, and enjoy the attachments you can now afford with the savings.

    Not that I'm talking from experience ......


  3. #3

    Join Date
    Jul 2001
    Posts
    1,807
    Location
    Sharpsburg, Md
    Tractor
    John Deere 4100 HST

    Default Re: Sales Tax & Financing

    Good grief!! Sounds like you guys need to move from the NE. [img]/w3tcompact/icons/shocked.gif[/img]

    I knew that they tax the pants off of you guys... but it sounds darn right ridiculous. [img]/w3tcompact/icons/crazy.gif[/img] Maybe I need to revisit my thoughts on Maryland being the Peoples Republic of Maryland and having some high taxes!! [img]/w3tcompact/icons/blush.gif[/img]

    Terry

  4. #4

    Default Re: Sales Tax & Financing

    I just filled up the auto...sticker on pump said 42 cents per gallon in taxes most of it Massachusetts.

  5. #5

    Join Date
    Feb 2002
    Posts
    126
    Location
    litchfield,ct
    Tractor
    nh tc33d,ford 8n,jd 410

    Default Re: Sales Tax & Financing

    yeh, live in CT and see what taxes are all about. but i would still rather live in ct instead of mass. you guys are stuck with that fool named ted kennedy ha ha ha ha ha . the only worst thing would be to live next door to jane (hanoi) fonda....tgello

  6. #6
    Platinum Member
    Join Date
    Apr 2000
    Posts
    762
    Location
    Greater Springfield area, Massachusetts
    Tractor
    Kubota B2910, also Honda HT3813 with mower and front blade.

    Default Re: Sales Tax & Financing

    Well....we might not have Jane (Hanoi) Fonda in our state, but don't forget that we are still saddled with Jane (notso) Swift as "acting" governor until the elections.

    They don't call this "Taxachusetts" for nothing.

    ~Rick

  7. #7
    Super Member
    Rest in Peace
    frank_f15's Avatar
    Join Date
    Mar 2001
    Posts
    6,033
    Location
    BUFFALO ,NEW YORK AREA
    Tractor
    kubota b2400- R4 tires

    Default Re: Sales Tax & Financing

    if u boys don't pay enough tax come down to n.y. we have a surplus of taxws that u can take your pick of. we pay 8% where i live on everything but food and even some of that.

  8. #8
    Veteran Member Carl_NH's Avatar
    Join Date
    Apr 2002
    Posts
    2,036
    Location
    Coastal NH
    Tractor
    01 Kubota B21TLB, 2010 Ferris 52" ZTR, Cub Cadet 1811, Gravely Super8

    Default Re: Sales Tax & Financing

    tegllo,

    At least we don't have that Kmart girl living and breathing right next to us like you do in CT. She's a peach and a thorn rolled into one.

    Live Free or Die,

    Carl


  9. #9
    Veteran Member
    Join Date
    Jan 2002
    Posts
    1,726
    Location
    Cambridge, New York
    Tractor
    JD425 lawn tractor; JD4710 CUT; JD JX75 Walk Behind

    Default Re: Sales Tax & Financing

    I agree with Terry. Here in New York State, tractors may be a tax free purchase under certain circumstances based on purpose the tractor will be used for. But, you have to live in New York and the tractor has to be used on a commercial farm operation in New York. Big contingency for many but for some of us it comes to a big, tremendous savings....in my case about $2K. [img]/w3tcompact/icons/smile.gif[/img]

    Regards,
    Bob Ancar
    Cambridge, NY

  10. #10
    Veteran Member
    Join Date
    Jan 2002
    Posts
    1,726
    Location
    Cambridge, New York
    Tractor
    JD425 lawn tractor; JD4710 CUT; JD JX75 Walk Behind

    Default Re: Sales Tax & Financing

    <font color=blue>"...that Kmart girl...She's a peach and a thorn rolled into one."</font color=blue>

    Bad news is I think I heard she's moving on from Kmart to haunt other popular do it yourself places like my favorite paint store Sherwin Williams.

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