Sales Tax

2. OOS dealers may collect sales tax at the Florida rate and provide a check for that amount, but the amount due may be higher than what they collected. What tax was not collected?
4. Customer purchased an OOS (Texas) titled vehicle from an OOS dealer listing the selling price as $26,000. On the invoice the trade-In allowance was $29,000 showing a negative balance. Customer just happens to mention that he ended up financing $35,000 because he still owed on the trade-in and would need a lien on the vehicle as well. How much sales tax is the customer paying?

1. What is the current discretionary tax rate for Hamilton County?
3. Selling Price Affidavit A customer is transferring a Florida title for a mobile home. There is no bill of sale and the purchase price seems to be low. What document should be completed to protect the associate if the transaction is later questioned?
5. The Florida Department of Revenue will investigate transactions if the value recorded on the title is less than this percentage of the "Book Value".