Re: The IRS and selling personal cars???
TAXES in Norway!.
On all cars older than 30 years we pay 24 % tax on the invoice value, in addition there is a one time only tax for all cars coming in to the country regardless of age, on abt. 1000 US$.
On cars as new as for example the Hot Rod Camaro i bought last year, sticker price abt. 45K, add. 24%, plus if i want to have plates for registration, add 70KUS$, and this is true!!!
A new C5 Corvette is costing just about 185 K US$,
I have dealer plates, so i do not put registration plates on my cars, this lets me pay only 24% on the invoice value..
Our IRS is way harder on us, than yours!!
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