Excise payment lease easily

Aug 6th, 2022
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How to excise payment lease

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whats up guys so if youre trying to figure out how to get the lowest lease payment on a car that you or a loved one is thinking about getting this is the only video youll ever have to watch i promise you that in todays video im going to show you exactly step by step what to do to negotiate the lowest lease payment and its actually really straightforward once you understand the numbers you need to research in order to have the highest negotiating leverage when you visit these car dealerships now i do want to preface that you will need to put your detective hat on so make sure to put that on because getting the lowest lease payment will actually require a little bit of legwork from you in terms of research but trust me guys just an hour of research plus referencing this video will equip you with so much knowledge that oftentimes youll walk into a car dealership and youll know more than the car salesman himself using todays method i was able to save over 2 200 on a lease for my

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Real estate excise tax (REET) is a tax on the sale of real property. All sales of real property in the state are subject to REET unless a specific exemption is claimed. The seller of the property typically pays the real estate excise tax, although the buyer is liable for the tax if it is not paid.
Under MGL Chapter 60A, all Massachusetts residents who own and register a motor vehicle must annually pay a motor vehicle excise.
Specific Tax = No. of Units/other measurements x Specific Tax Rate. Ad Valorem Tax = No. of Units/other measurements x Selling Price of any specific value per unit x Ad Valorem Tax Rate.
Excise tax bills are due annually for every vehicle owned and registered in Massachusetts. Excise tax bills are prepared by the Registry of Motor Vehicles and billed by the local community where the vehicle is garaged. The minimum excise tax bill is $5. The excise tax rate is $25 per $1,000 of assessed value.
The excise rate is $25 per $1,000 of your vehicles value. It is charged for a full calendar year and billed by the community where the vehicle is usually garaged. If your vehicle is registered in Massachusetts but garaged outside of Massachusetts, the Commissioner of Revenue will bill the excise.
How do I pay for overdue excise taxes that have been marked at the Registry of Motor Vehicles for non-renewal? Payment at this point must be made through our Deputy Collector Kelley Ryan Associates (508) 473-9660. For your convenience payment can be made online through their website .kelleyryan.com.
Note: All taxpayers are required to file and pay electronically. See our Mandatory electronic filing page for more information.
Motor vehicle excise is taxed on the calendar year. It is an assessment in lieu of a personal property tax. The excise due is calculated by multiplying the value of the vehicle by the motor vehicle tax rate. The tax rate is fixed at $25 per one thousand dollars of value.
What is the tax rate? The leasehold excise tax rate is 12.84% of the rent paid for the property.
Motor vehicle sales or use tax is due by the 20th day of the month following the purchase, use, storage, or any other consumption within Massachusetts.

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