Skilly
Well-Known Member
- First Name
- Matt
- Joined
- Sep 12, 2021
- Threads
- 6
- Messages
- 492
- Reaction score
- 376
- Location
- Livermore CA
- Vehicles
- 2020 Taycan Turbo
dude....a broker does not pay tax. And, the lease can be purchased out by anyone. 1 tax liability; not 2.Reminder what you said. ‘Work through a broker to avoid double tax.’ Using a broker to sell the car on isn’t necessary and doesn’t avoid anything. The next buyer will still pay taxes.
your immediate response from what I originally explained:
This says it all...love this line in particular "The OP would pay tax when he buys the car and the next owner would pay tax when they bought it from the broker. "How does a broker avoid the double tax? The OP would pay tax when he buys the car and the next owner would pay tax when they bought it from the broker. Running it through a broker doesn’t avoid double tax.
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