Selling used car california registration#

Additionally, your filing frequency will not be changed. If you are a licensed new motor vehicle dealer, you are not required to pay sales tax directly to the DMV, even if you make retail sales of used motor vehicles. I sell used motor vehicles and new motor vehicles. Once you are transitioned, please accurately provide your seller's permit number on the Report of Sale that you provide to the DMV to ensure your sales tax payments are correctly applied to your CDTFA sales and use tax return. You must continue to timely remit the sales tax due to CDTFA until the DMV transitions you to the new payment process. The DMV will notify you when your payment method is scheduled to change.

Selling used car california registration#

How do these new laws affect me as a used vehicle dealer?Д«eginning January 1, 2021, the California Department of Tax and Fee Administration (CDTFA) is changing the filing frequency for all used vehicle dealers to a monthly reporting basis and will require detailed transaction information including any retail sales of vehicles to be submitted with the sales and use tax returns.Д«eginning January 1, 2021, newly licensed dealers, dealers whose sellerвЂ™s permit were reinstated within the last two years, and dealers with a previous finding of underreporting within the last two years are required to pay sales tax to the DMV when they submit a motor vehicle registration application to the DMV.Д«eginning January 1, 2023, all other used vehicle dealers will be required to pay sales tax to the DMV. Together, these bills phase in a requirement for licensed used vehicle dealers to pay the applicable sales tax, including district taxes, on their retail sales of motor vehicles directly to the Department of Motor Vehicles (DMV) when they submit a vehicle registration application. New Legislation Affecting Used Vehicle Dealers вЂ“ Frequently Asked Questions (FAQs) Legislative Background What does the new legislation require?Д¬alifornia recently enacted Assembly Bill (AB) 85, (Stats.