Quote:
Originally Posted by chachee52
The story about saving money on the registration is false in MA. It doesn't matter how much you sell it to him for it's the price that the books go by for the taxes (or that might be in NH, I've changed back and forth I get confused).
Todd
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He could save on the sales tax, but the excise tax is based on book value, so he wouldn't save anything there.
I hope everythin works out, Bao...I think you would be safe with the police knowing the details. Best of luck.