SECTION 1. Section 25 of chapter 64H of the general laws, as appearing in the 2008 Official Edition, is hereby amended by inserting after the word “commission”, in line 12, the following words:- ; provided however, that for a motor vehicle sold for more than 10 per cent below the wholesale or trade-in value which corresponds to a particular make, model, type, and year of a motor vehicle, as listed in the most recent edition of the applicable National Automobile Dealers Association used vehicle pricing guide, the tax due shall be calculated on the lower value.
SECTION 2. Section 26 of chapter 64I of the general laws, as so appearing, is hereby amended by inserting after the word “commissioner”, in line 13, the following words:- ; provided however, that for a motor vehicle sold for more than 10 per cent below the wholesale or trade-in value which corresponds to a particular make, model, type, and year of a motor vehicle, as listed in the most recent edition of the applicable National Automobile Dealers Association used vehicle pricing guide, the tax due shall be calculated on the lower value.
The information contained in this website is for general information purposes only. The General Court provides this information as a public service and while we endeavor to keep the data accurate and current to the best of our ability, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.