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Tax question on a new truck Illinois and Iowa.
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jdg
Posted 5/5/2021 21:57 (#8989533 - in reply to #8988467)
Subject: RE: Tax question on a new truck Illinois and Iowa.


Cen IL
Be very careful on how the invoice is written up. I bought a pick up in MO and negotiated a real good discount off list. The invoice stated the list price and show my negotiated amount as " rebate " . When I paid tax in illinois on it, they required me to pay the tax on the whole list price, because in illinois, you pay tax on the rebated amount. Make sure your invoice is worded properly. BTDT and got a good screwing from state of IL.
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