09-03-2007, 06:58 PM
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Senior Club Cobra Member
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Join Date: Jul 2007
Location: Odessa (Tampa),
FL
Cobra Make, Engine: BDR 559. 410 Stroker 72 block AFR205 Heads, Solid roller lifters, Comp Cams XR286, Eagle 4" stroke internally balanced with chevy journals, Oliver rods, Probe Forged pistons, Mighty Demon, Super Victor, MSD Digital 6.....
Posts: 260
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Not Ranked
Section 21.08(10).F.S. allows a partial exemtion for a motor vehicle for out of state purchases. The dealer should have you sign Form DR-123 (Affidavit for Partial Exemption) and they will collect sales tax to a maximium of $300 as governed by South Carolina. Tax credit IS allowed between SC & FL.
So in a nut shell, you will pay the $300 tax here in FL and get credit for it when you register within 45 days in SC. Failure to register within 45 days will result in the loss of exemption.
Hope that helps...
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BDR 559
Indigo Blue, White Stripes
SBF 410
TKO 600 .82 OD (Road Race)
HP= Enough!!
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