Quote:
Originally Posted by shark92651
I'm working on this process now to title/register my newly completed Factory Five MK4. On the Application for Texas Title form 130-U there is a section to calculate tax based on sale price, less trade in, 6.25% tax rate, etc... I would rather avoid the sales tax. Should I just leave all that blank and explain that I purchased all the components myself. I figured I could tell them I declared as "use tax" on my tax forms. What do you think?
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In box 37 of form 130-U, I checked the box that reads: "Exemption claimed under the Motor Vehicle Sales and Use Tax Law because:"
and then I wrote in "VEHICLE IS ASSEMBLED FROM ALL NEW COMPONENTS"
in box 20 for Previous Owner Name I put "ASSEMBLED"
on the signature line for Seller(s) Printed Name I put "ASSEMBLED"
hope that helps.