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Excise break article

Excise break article easily

Aug 6th, 2022

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How to excise break article

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the assessed owner may be entitled to an abatement of all or a portion of a motor vehicle excise for one of the reasons listed the owner has the burden of establishing that all requirements for the abatement have been met we will now look at each of the reasons in detail an assessed owner may be granted an abatement if the vehicle is overvalued overvaluation for excise purposes means the vehicle was assessed for more than the applicable percentage of its manufacturers suggested list price when new for you to obey the owner would have to establish the manufacturers suggested list price for the make and model vehicle was wrong or the percentage applied to determine the excise was wrong you cannot grant an abatement based on the condition or purchase price of the vehicle the reason is that the excise is not an ad valerium or sales tax and therefore it is not based on the current fair market value or purchase price of the particular vehicle instead the values of vehicles for excise purp

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