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Hingham Excise Tax Form

Hingham Excise Tax Form

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Instructions and help about Hingham Excise Tax

fire started well it's time of year when people are getting their excise taxes in the mail 22news reporter Taylor night's live in the newsroom to explain how excise tax is calculated and what the money is used for yeah if you own or lease a vehicle in Massachusetts you will pay an excise tax each year the excise ring is a formula created by the state it's calculated by multiplying the value of the vehicle by the motor vehicle tax rate the tax rate is $25 for every 1,000 dollars of your vehicles value that value is determined using the manufacturers list price and the age of the vehicle but one west springfield man said this calculation seems unfair he said for people who make big purchases like RVs the manufacturers list price could be more than one hundred thousand dollars more than what was actually paid no one buys cars or anything at manufacturers list I feel excise tax should be more like a sales tax where you're paying the excise tax on what you ac

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