Trade in tax credit
We would like to understand , what is the oracle solution for trade in scneario , which is used by businesses in the US.
As an example , if you buy a car in Tennessee for $20,000 and trade in your own car for $ 10,000 , you are liable to pay a tax @ 9.75 % on $10,000
Whereas if you were to buy a car in CA for $20, 000 and trade in your own car for 10,000 , you are liable to pay a tax on the entire $20,000.
As an example , if you buy a car in Tennessee for $20,000 and trade in your own car for $ 10,000 , you are liable to pay a tax @ 9.75 % on $10,000
Whereas if you were to buy a car in CA for $20, 000 and trade in your own car for 10,000 , you are liable to pay a tax on the entire $20,000.
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