Rebates under ‘Cash for Clunkers’ program viewed as tax exempt

The state Board of Equalization has announced that rebates under the federal Car Allowance Rebate System program are exempt from state sales and use taxes. The CARS rebates, paid by the Transportation Department’s National Highway Traffic Safety Administration, are considered nontaxable sales to the U.S. government, according to the news release.  More information: (800) 400-7115, www.boe.ca.gov

This entry was posted in Uncategorized. Bookmark the permalink.

One Response to Rebates under ‘Cash for Clunkers’ program viewed as tax exempt

  1. The loan seem to be essential for guys, which want to ground their career. In fact, it is easy to get a student loan.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>