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DMV outlines vehicle tax, exemptions and 'max tax' that caps sales tax on heavy pickups
Summary
Deputy DMV commissioner explained how purchasing-use tax, lease tax, out-of-state purchases and exemptions work and described a statutory "max tax" cap for trucks registered at 10,099 pounds or more that can significantly reduce sales tax on high‑priced pickups.
Matt Russo, deputy commissioner of the Vermont Department of Motor Vehicles, briefed the House Transportation Committee on Wednesday on how state vehicle taxes and exemptions are applied, and highlighted a statutory maximum tax cap that affects some heavy pickup registrations.
The most important points: purchasing-use tax and lease tax are assessed on the value of the vehicle that is subject to use in Vermont; out-of-state payments can be credited if a purchaser already paid tax to another state; and a statutory cap limits sales/use tax for vehicles registered at 10,099 pounds or more, producing a significantly lower tax bill than the full 6 percent on the vehicle's purchase price.
"We left off at lemon refunds. So these are lemon laws. You go to the arbitration board.…
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