Vt. Stat. Ann. tit. 32, § 8908
Rules
Redline — January 1, 2022 → current.View current text →
Current — June 1, 2022
As of January 1, 2022
Notwithstanding any other provision of law, the Commissioner may from time to time make regulations to provide that "taxable cost" shall not reflect a diminution for trade-in arising from a purchase of a motor vehicle in a state that does not allow a deduction for trade-in in the computation of the "taxable cost" or similar tax base in the computation of taxes imposed by a motor vehicle sales and use tax in that state.
Notwithstanding any other provision of law, the Commissioner may from time to time make regulations to provide that “taxable cost” shall not reflect a diminution for trade-in arising from a purchase of a motor vehicle in a state that does not allow a deduction for trade-in in the computation of the “taxable cost” or similar tax base in the computation of taxes imposed by a motor vehicle sales and use tax in that state.
Added 1967, No. 116, § 6, eff. April 17, 1967.
Cross References
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.