Indiana Excise Tax

nofearengineer · 04-08-09, 05:48 PM

Okay, I just bought my boat and trailer. I know I have to pay my sales tax in the state of Indiana (7%

). However, when I look at our state codes, it calls for excise tax on both the boat and the trailer, done separately. Having bought this boat from a guy who bought it from....I have no original bill of sale. Of course, the excise tax is based on the original sales price. How do I go about getting this information? Honestly, I don't even know of any way to legally find out, since that information was between someone else and the dealer. How do I keep the BMV from screwing me over by inflating the sales price for the purposes of calculating the tax?

This owning a boat thing is going to be fun, I can tell.

04-08-09, 05:48 PM	#1
nofearengineer BassFishin.Com Premier Elite Join Date: Mar 2009 Location: Southwest IN Posts: 5,630	Indiana Excise Tax Okay, I just bought my boat and trailer. I know I have to pay my sales tax in the state of Indiana (7% ). However, when I look at our state codes, it calls for excise tax on both the boat and the trailer, done separately. Having bought this boat from a guy who bought it from....I have no original bill of sale. Of course, the excise tax is based on the original sales price. How do I go about getting this information? Honestly, I don't even know of any way to legally find out, since that information was between someone else and the dealer. How do I keep the BMV from screwing me over by inflating the sales price for the purposes of calculating the tax? This owning a boat thing is going to be fun, I can tell.

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