The value for excise tax purposes is mandated by law to be the clean retail value as determined by the Rhode Island Vehicle Value Commission (see RIGL 44-34-9 and RIGL 44-34-11). This determination is made by using the National Automobile Dealers Association (NADA) Used Car Guide and other recognized pricing guides. Condition, mileage or so-called market value of individual cars is NOT a consideration in determining value for excise tax purposes.
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