Law Advices and Legal Tips

If you think about buying a second-hand car you must take into account the taxes you must pay. In this operation, you must pay the transfer tax, a rate that is calculated based on the value of the vehicle and its age. The amount rises to 4% of the vehicle normally.

If the seller is a private vehicle, this acquisition is subject to the payment of transfer tax (ITP) and of stamp duty (AJD) . Now, if you’re an entrepreneur who sells (whose business is that) should pay the tax on value added tax (VAT ).

You have 30 days to request to the Provincial Traffic renewal of vehicle registration certificate and justify the payment of transfer tax. The best thing to do is agree with the seller.

Before buying, make sure the seller has in order to pay the road tax . “If you purchased the vehicle from a private, remember to stay with the contract of sale or a photocopy of a photocopy of the identity of the seller, the request for change of ownership of the vehicle signed by buyer and seller, and documentation vehicle (ITV card, registration certificate and receipt of municipal tax paid the previous year to process), (process of transmission of the vehicle), “advises the Transit Department.