Filed Date: 12/6/1976
Status: Precedential
Modified Date: 7/6/2016
OPINION — AG — ** TAXATION — AUTOMOBILE DEALERS — EXCISE TAX ON "DEMONSTRATORS" ** WHERE A NEW CAR DEALER TRANSFER OWNERSHIP OF A NEW VEHICLE TO ANOTHER CAR DEALER, AND THE SAID VEHICLE IS USED AS A "DEMONSTRATOR" FOR A PERIOD OF TIME AND, THEREAFTER, THE SECOND DEALER SELLS THE VEHICLE TO AN INDIVIDUAL PURCHASER, THE EXCISE TAX SHOULD BE PAID BY THE INDIVIDUAL PURCHASER OF THE VEHICLE. FOR EXCISE TAX PURPOSES, A "DEMONSTRATOR" UNDER THE CIRCUMSTANCES AS OUTLINED IN YOUR FIRST QUESTION, SHOULD BE A "NEW VEHICLE" AT THE TIME OF ITS FIRST REGISTRATION IN THE STATE OF OKLAHOMA. CITE: 47 Ohio St. 1971 22.2 [