This legislation removes the sales tax on the purchase of automobiles and the annual ad valorem tax on the same automobiles, and replaces these taxes with a one‐time vehicle tax which is calculated by multiplying the value of the motor vehicle times a vehicle tax rate of 7% (6.5% in 2013 and 6.75% in 2014).
Mar 5, 13
Click Here For More Information From the ACCG Website.
Click Here For Frequently Asked Questions Regarding the New Ad Valorem Tax.
