LoneCowboy
Veteran Member
- Joined
- Oct 2, 2006
- Messages
- 1,212
Well, I just found out a joyous law here in Colorado, but I'm sure there are similar laws in all the states (esp in tax happy northeast and Kali).
It's called the special mobile vehicle decal/plate, SMM plate
If you want to use your self-propelled equipment commercially you have to get this decal/plate.
EVEN if it never goes on road.
If it's off your property, you owe. (honestly, even if it's in route to the dealer, you have to pay some other tax, but no one cares about that)
if you are using it commercially off your property, you owe.
And we aren't taking twenty dollars either. And, you owe prior ownership tax. Either back to date of purchase or 5 years, whichever is more. So, you owned your tractor for 3 years and now you decide to do commercial work. Sorry, 4 years of tax.
I just got done writing a check for over THREE THOUSAND DOLLARS for two tractors. (1.5 years)
and it's good for one year. (although it won't be that much next year)
The fine here is $500 or twice the tax, so it's worth doing. And let me tell you, everyone of these lowballer I see doing work is getting called in.
Think again before you price it at $30/hour.
It's called the special mobile vehicle decal/plate, SMM plate
If you want to use your self-propelled equipment commercially you have to get this decal/plate.
EVEN if it never goes on road.
If it's off your property, you owe. (honestly, even if it's in route to the dealer, you have to pay some other tax, but no one cares about that)
if you are using it commercially off your property, you owe.
And we aren't taking twenty dollars either. And, you owe prior ownership tax. Either back to date of purchase or 5 years, whichever is more. So, you owned your tractor for 3 years and now you decide to do commercial work. Sorry, 4 years of tax.
I just got done writing a check for over THREE THOUSAND DOLLARS for two tractors. (1.5 years)
and it's good for one year. (although it won't be that much next year)
The fine here is $500 or twice the tax, so it's worth doing. And let me tell you, everyone of these lowballer I see doing work is getting called in.
Think again before you price it at $30/hour.