How much tax on tractors & other farm equipment?

[cowboydoc]

Sorry meant that to say short form.

 

[ddl]

From reading my post I am the last person to talk about typing skills not to mention spelling, I could not help it

Dan L

 

[JayinNH]

TBone,
No tax in NH if you buy a tractor. "Live free or die"
Jason

 

[HalseyGreen]

Here in Virginia, you pay 4.5% if you do not qualify for farm use, none if you do qualify

 

[Charlie_Iliff]

Halsey: I am considering buying a Power Trac machine in Virginia. I farm in Maryland, although certainly not profitably. What does Virginia require in the way of proof that the machine is for farming? (Power Trac has told me they have to collect the tax unless they ship to Maryland, which will cost as much as the tax itself. I'd love to convince them they don't have to.)


Charlie Iliff

 

[FarmerBob]

None in Arkansas if for farm use. That applies to not only tractors but also farm use implements.

FarmerBob

 

[scotd1]

No sales tax in the state of Tennessee for farm equipment. You have to sign a form stating that you are using this for farming.
A few years ago they had a big stink about people buying a tractor or lawn mower and saying they were farming. The state came down on the dealers to pay the tax on a lot of these transactions and the dealers of course said "how do we know what they are doing with the equipment?". So, that's when the state came up with the form for the buyer to sign.
Have not heard of any more problems.

 

[Wingnut]

in Michigan, if it is farm use and nothing else, you can fill out an exemption form and pay no tax. However, if you plan to use it for anything ither than direct farm use (as in .... "no, I don't use it to plow the road") it is the standard MI 6% Sales tax.
One of the things that bugs me ... since you brought it up ... here is the extension of the sales tax to "USE TAX" ... wherein you play sales tax againa nd again and again when you buy used vehicles. In Alberta ... we paid Federal sales tax on a new vehicle and on a used vehicle only if buying from a business (who has to collect sales tax on everything including the air you breath ...).
This crap of calling it "use tax" so they can change you sales tax everytime a vehicle changes hands is as unfair as you can get!

too bad that common sense ain't

 

[cowboydoc]

I completely agree with that Wingnut. The little ways that we are taxed in this country people don't even add up. When you consider property, sales, city and county, state, federal, heck they even charged me a tax on the abstract for this property that I just bought it is staggering. Most people just think about federal and state but the rest is almost as much. What gripes me as well is that you pay sales tax and can't even deduct that off of your income!

 

[Alan L.]

In Texas we don't pay sales tax on tractors if they are for farm use.

Alan L., TX