Was this document helpful? Copyright 2023 Anderson Advisors. Your bill of sale, title applications, and anything else regarding the title work has to be original, although it's OK if your LLC paperwork is a copy. The county clerk may ask you to complete a. Imagine youve bought a 2022 Corvette Stingray for $70,000 in Florida, where the sales tax rate is 6%. Like, in the police report. Ct. LA May 7, 2014). ), I like paved roads and functional infrastructure, tweeted Ritholz. Visit https://mt.vitu.com/vehicle to search the vehicle record, or contact the Vehicle Services Bureau with the Vehicle Identification Number and the registered owners name and address. Collateral Security Interests A lending institution files a security interest against a vehicle currently titled in your name through the Vehicle Services Bureau. Fill out the form for a free consultation. Pickup campers are an exceptionthey must be titled, but are not registered. We don't believe that its for us to lecture that person to do that or not. If you form a Montana LLC and have it purchase and take title to a motorhome or RV, you won't owe any sales tax in Montana. The best part about purchasing your vehicle in Montana is that they dont have sales tax. The big question is this: is the Montana registration process limited to just cars? 3 min read. Create an account to follow your favorite communities and start taking part in conversations. However, the court has expressed concern with the law. Dont poke the bear! First, Montana has long been known for its lax approach to driving laws, most memorably the brief period where the interstate had no speed limit. The fine people of Montana drive and register all kinds of vehicles, all of which are sales tax-free to register. Then there are the tax issues. This is particularly important when buying a newer used vehicle. tighter emissions standards enactedinConnecticut, requirements to significantly lower toxic air pollution, automakers including BMW, Volkswagen, and Ford. The bond expiration date is located on the face of the Montana title. I don't like the waiting time either as it's wasting time for us. With that being said, though, there are some requirements that must be met first. Many states are actively looking for people who use this loophole to avoid paying taxes. This is perfectly legal. It's easier to establish this chain of ownership if you form an LLC in Montana prior to purchasing a vehicle. How the Montana LLC Vehicle Registration Works. Turns out, you dont have to pay the sales tax on your vehicle if youre a resident. Customer Identification Numbers Under the Montana Enhanced Registration & Licensing Information Network (MERLIN) system, all titling and registration transactions are recorded as part of a customers unique account: For individuals, the customer account number is the driver license or state or tribal identification card number. However, as we will see, this may not be the wisest decision. If you decide to go however, you can stay one night, and have your ID and plates in hand. If you form an LLC, youll need to do so by an agent registered with the state of Montana (or whichever state youre forming the LLC in). No sales tax.. This can be submitted online through the Montana Secretary of State website. The bigger question is why haven't they passed laws to close the loophole rather than doing "high profile scare tactic raids"? Successful registration means that the state has identified you as the owner of the vehicle. For example, a 2006 Porsche 911 in 2022 would be 16 years. Montana Liens. The Montana Luxury Vehicle Fee is an $825 fee assessed for high-end luxury and exotic cars at the time of registration in Montana. For information about reinstating registration after a second or subsequent conviction for no insurance, see the Driver License Sanctions page. You may also receive a registration sticker on the spot. If your name, address, and/or county has changed or you no longer live in Montana, you must renew your registration at your local County Treasurers As you would know from reading any of my columns on insurance, I am not exactly a huge fan of how most insurance companies operate. Your biggest issue is going to get affordable auto insurance having not lived in the US for many years. Under 61-3-321(10)(a)(i), MCA all boats, personal watercraft and motorized pontoons must be permanently registered. Once the vehicle is Be sure to place it in the correct spot, as improperly placed stickers could lead to tickets and fines. No, submit to the vehicle services bureau or your county treasurers office. We are your Anytown experts! A strong reference would be the case of Thomas v. Bridges, 2013-C-1855 (Sup. I don't have a state ID or NC Driver's License. Four of the 100 Pagani Huayras ever made were registered in Montana. If your name, address, and/or county has changed or you no longer live in Montana, you must renew your registration at your local County Treasurers office. MDT does handle A security interest is an interest in personal property that secures payment or performance of an obligation. You have to get a registered agent to handle business matters in state, a FEIN, a bank account for the business, pay the state a yearly fee to keep the business registered and all the other State and Federal responsibilities that come with an LLC. Permanent registration does not transfer with the motor home when there is a change of ownership. 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To apply for a duplicate Montana registration decal or license plate, visit your local MT county treasurers office in person and: Provide your MT license plate number (or show your vehicle Search for how to register my car in Montana and youll see a dozen sites offering services They said that lots of expensive cars have Montana plates, and its all part of a tax scheme. You can check your desired name with Montana Business Database to avoid repetitions. Toby teaches extensively throughout the US to groups of investors and professionals, with many of his courses certified for continuing education credit for legal, accounting, and real estate professionals. These states, however, might have adjusted rates for other types of taxes. There are a few key reasons why Montana plates keep popping up, and it is not your imagination. Present the previous years Montana registration receipt or out-of-state title: If you have recently purchased a vehicle from a licensed auto dealer, the dealer will send or deliver the necessary paperwork to the county treasurers office. Not so fast, Slick. Permanent registration Under 61-3-321(9)(a), MCA all travel trailers must be permanently registered. Your exotic or expensive car or RV is purchased by your LLC. And it has attractedplenty ofdetractors. So, thats my final word on this. The California Highway Patrol, for example, uses a special website that people can use to report vehicles with Montana plates or other plates that are out of state. Thats weird. But after seeing more of them, I said, I know whats going on here. In the worst-case scenario, the state can impound your car, and you can face prison time for a maximum of 90 days. While it's legal to purchase pricey vehicles and avoid paying sales tax in Montana, other states frown upon the practice when their residents set up LLCs out of state for the sole purpose of avoiding these taxes. This will allow you to save a ton of money in sales tax, especially if you purchase a very expensive vehicle. Its wild to think about, but there are plenty of cars that easily MSRP over half a million dollars, and if you are in a state that collects, say, seven percent in sales tax, you are looking at a staggering tax bill of $35,000 or more. If someone previously registered a vehicle in another state, the Montana DMV will require him or her to show a proof of sales tax payment. The next section discusses how you can form it. Theyre scum., I cant believe so many customers have gotten away with this grift, says Alex Ross, who owns Sharkwerks, a high-performance automotive tuning shop in Fremont, Calif. No matter where in California, at every cars and coffee [gathering], look for the Montana plates. I will quickly answer why. So, you would be legally obliged to pay a tax equivalent to $4,200, which is quite a lot. We totally get it. For example, the age of a 2011 model year Chevrolet passenger car registered in 2018 would be 7 years, resulting in a registration rate of $87 (plus 3% Administrative fee). Not sure about the insurance part. But this is not limited to fast cars and expensive motorhomes. Non-residents have to first set up an LLC and purchase the vehicle under the LLC to be exempt from paying the sales tax. The fee goes down in increments depending on how old the vehicle is. Otherwise, you're responsible for the If you need help with vehicle registration using an LLC, you can post your legal need on UpCounsel's marketplace. As of August 2021,Big Horn, Deer Lodge, Flathead, Granite, Phillips, and Richland countieslackedthat local option tax. Still, proportionately the benefit is the same for everyone: Montana vehicle registration is not just about the wealthy individual saving taxes on his fifth Porsche Roadster. You'll simply need to produce the certificate of origin from the manufacturer. You would then be required to file the Articles of Organization. Out-of-state Montana car registration has never been easier, and as the price of new and used cars continues to skyrocket, it makes sense for all consumers to consider it. Thats correct; no nagging smog checks. In a recent article, I quoted a new fifth-wheel trailer at around $109,000 MSRP.. It must be with you at all times of driving. Enjoy! Second, Montana does not require vehicle emissions tests or annual inspections. Food for thought. Transactions are not processed after 4:30 p.m. Montana has long been a bastion of tax freedom for many years, so it was one of the original havens for supercars. Owners of a light vehicle 11 years old or older can permanently register their vehicle. With the help of some light mathematics, that means Americans are paying over $2,000 in sales tax for a used car priced at $33,341. Terms Of Service. You must have JavaScript enabled to experience the new Autoblog. Non-residents may choose to register by the calendar quarter. In 2021, fully 10% of all McLaren P1s ever madecars worth well over $1 million apiecewere registered in Montana,accordingto the Montana DMV. You may also have noticed quite a few South Dakota license plates, which is not a coincidence. So let me start by setting the stage and then hopefully someone can give the pros and cons of each option. Its a riska cheap thrill, echoes Zuckerman, the LA lawyer. Of course we'll pay some ridiculous price for insurancebut we'll still save money in the end compared to renting. A simple legal procedure is involved which, in most cases, helps clients save a great deal of money on taxes and licensing fees through creating a Montana LLC and then proceeding with Heres where Id be worried even if I thought I could dodge the IRS. Several people I know of use South Dakota. This website may supply general information about the law but it is for informational purposes only. The court has requested the legislatures attention to this law. Registration Rate, 61-3-321(2)(d), MCA based on the age of the vehicle, determined by subtracting the model year of the vehicle from the calendar year for which the registration fee is due. Ouch. Do you plan on insuring your vehicle? Now, the question is: Should you do this? Or your truck. So, an industry has sprung up to assist people from other states who want to take advantage of Montanas laws while living elsewhere. These include: national guard, reserve armed forces, amateur radio, and some organization specialty plates, with these exceptions by paying a one-time contribution, light vehicles 11 years and older that are eligible for permanent registration, and trailers that must be permanently registered, may have sponsored plates. (Ritholtz also hosts the Masters in Businessshow on Bloomberg Radio. Theres a couple of reason why you shouldnt do this: The IRS knows about this scheme and will say, Nice try, but no.. Dont buy a motor home, luxury car, boat or plane! Motor vehicles registered in the State of South Dakota are subject to the 4% motor vehicle excise tax. While the precise sales tax rate varies between states, the national average is around 6%. The TakeawayIf you have any questions about the best tax decisions for YOUR unique situation, I encourage you to take advantage of a complimentary Strategy Session as a blog reader now. You can register directly from the County Treasurers Office. The titling and the registration of a vehicle take place simultaneously. MT car registration documents are processed by the Vehicle Services Bureau (VSB), which is overseen by the state Department of Justice (DOJ). Residents can get brand new plates with a new plate number or have an existing license plate number transferred over to the new license plate. I guess we'll pay an arm and a leg. A new Montana title is not automatically issued once the secured parties have released their interest. You may register a motorcycle or quadricycle for both highway and off-highway use by paying the fees for both uses. Theres no longer a need to spend money on attorneys to create your legal papers. Out-of-state Lienholders: If an out-of-state secured party is holding the title for your vehicle, it is still possible to transfer the title to Montana. Along those lines, your first thought might be rich people taking advantage of Montanas complete lack of sales tax. Whatever your views are on smog and emissions (we all think smog is gross), we all know that smog gear on cars makes them less reliable and less efficient, and smog gear is always failure-prone. Next, you are required to have a Montana Registered Agent. I found myself in Salt Lake City and saw the same thing. UpCounsel accepts only the top 5 percent of lawyers to its site. The exact name of your LLC has to be listed as the buyer. Virginia is one of the most aggressive States chasing Montana plates because they have the dreaded yearly "car tax" which gives the owner the opportunity to pay for the car again over time in property taxes. One other advantage to a Montana vehicle registration is that it will appeal to people buying used or who intend to hold onto their Montana-registered vehicles for a long time. The single permanent decal for snowmobiles is white and includes the abbreviation PERM. This fee applies to vehicles valued at $150,000 or more at the time of registration. The single permanent decal for off-highway vehicles is white and includes the abbreviation PERM. It is no coincidence that the states with the highest car taxes also have the strictest inspections and emissions testing, which Montana doesnt have. Duplicate plate (same number and type of plate): $15.45. Do you need legal help with vehicle registration using an LLC? I get asked from time to time about the so-called Montana License Plate Scam: Can you safely register your vehicle in Montana and drive it in your non-Montana home state? Montana Lien Entry Form | US Legal Forms Montana Lien Entry Form. Our goal is to broaden your understanding of this process and whether or not it is right for you. Fee Schedule The fees vary according to the Manufacturers Rated Capacitythe manufacturers rated gross vehicle weight for a bus or heavy truck or the manufacturers rated gross combined weight for a truck tractor. Once the vehicle is permanently registered, it is covered for life, with no more registration renewals. Only U.S. funds are accepted. Steve Lehto has been practicing law for 23 years, almost exclusively in consumer protection and Michigan lemon law. Yes, I know, you are going to argue that you dont own the car - the LLC does. Beginning January 2006, the registration of a commercial or heavy vehicle expires 12 months from the month in which it was first registered. Of course not! You can be fined up to $500. A fee of $800 is assessed for motorhomes with retail values over $300,000. The LLC registers and plates the vehicle in Montana. The practice of registering a collectible car there, regardless of where itislocated in reality, is done in orderto avoid paying taxes and shirkemissions standards. Registration fees do not include special plate fees for personalized plates and specialty plates, or other miscellaneous fees. He teaches a popular bi-weekly webinar, Tax Tuesday, where business owners and investors can ask any tax question and get answers LIVE on-air. If youre going to use this strategy of buying your vehicle in Montana but A Montana LLC (Limited Liability Company) combines aspects from other business entities: corporations, partnerships, and sole-proprietorships. Montana has no inspections and no emissions tests required for vehicle registrations. Monday - Friday 8am - 5pm PST. Close observers would also have noticed a detail far more polarizing than the semi-lavender paint job:The Turbo came with a clean Montana title in the name of the sellers LLC, the listing said. If you cant afford the taxes to register your supercar in the state where you live, perhaps you cant afford the car, says Barry Ritholtz, a proud vintage Corvette and Defender owner and chairman of Ritholtz Wealth Management LLC. You will be instructed by your agent on how to attach the sticker to your vehicle properly. A Montana LLC vehicle registration is an option some out-of-state residents choose in order to purchase a vehicle without having to pay sales tax on it. If submitted documents including vehicle value and corresponding bond are determined to be accurate, a title may be issued with the words BONDED TITLE and the expiration date of the bond printed on its face. It has gotten so out of hand, even people in Florida do the Montana tax grift, Ross says. Although, of course, they benefit from it in more staggering monetary amounts. The Montana Department of Transportations Motor Carrier Safety Program producedthis brochure for owners and operators of special mobile equipment to help the owner or driver understand how safety laws and regulations may apply when operating vehicles stickered as special mobiles on state roadways. You must renew your registration by the end of the following month, which is indicated on the registration decal on the rear license plate. We all know the benefits of registering your vehicle under a Montana LLC, namely no sales tax. Those with permanently-registered vehicles do not have to take any registration action. The initial filing fees are around $70, and annual maintenance costs are around $20. But car and RV dealers objectedstrongly. Press question mark to learn the rest of the keyboard shortcuts. The Vehicle Services Bureau (VSB) regulates the titling and registration of motor vehicles. I didnt think I would like Texas. Your vehicle must display the Montana license plate with the license plate of the home state. And your RV, motorcycle, UTV, ATV, and more. The Montana Department of Transportation (MDT) does not issue or control Montana driver licenses, in-state vehicle license plates, or in-state vehicle registration. Not break the law because you dont agree with it. That is a pretty lousy deal assuming you still like the car or truck and want to keep it but arent interested in pouring money into fixing emissions equipment, much of which may still be operating but not well enough to pass the test. However, Montana isn't currently Still, many people are willing to risk taking advantage of this loophole in the law. I read an article recently that Massachusetts conducted police patrols in RV parks flagging folks with Montana plates. Montana offers two significant benefits. Examples? All title, registration and license plate fees are required. For further information on this process, contact your county treasurer or the Montana Department of Revenue. You must have your bill of sale notarized. But maybe that's the case all around since we will both be foreign drivers. Tax Attorneys, CPAs & EAs who specialize in working with businesses and investors. The court ruled that even though the LLC was formed solely to avoid the sales tax, it was formed legally. The LLCs offer RV insurance also. On the national average of 7.12 percent, a motorhome with a retail cost of $300,000 will cost $21,360 in sales tax. In addition to advising clients and investing in his own real estate projects throughout the United States, Toby is a member of the Forbes Real Estate and Finance Council and has authored several books, including Tax-Wise Business Ownership (now in its fourth edition) and 12 Steps to Running a Successful Business. To register, you must visit the County Treasurers Office with the documents mentioned in the Requirements section. This saves them A LOT of money on the initial purchase of a vehicle, be it a car, a motorbike, a boat, or even an RV. Dirt Legals Montana Vehicle Registration Service is just right for you if you are looking for a new car, truck, motorhome, or even a used one. This can work with LLCs formed in Montana as the state does not impose sales tax when residents purchase a vehicle. Fees below will include the 3% Administrative Fee when transaction is conducted. Home blog Shows Coffee with Carl Should I Register My Vehicle in Montana? Suppose he is purchasing ten units and owns a business in LA. Montana Llc For Car Registration. There is also the misconception that only rich people can get a Montana registration or benefit from having one. Montana residents do not have to pay the sales tax on their vehicles. However, the Louisiana Department of Revenue found out about the purchase and claimed that Mr. Thomas owed the state money in terms of unpaid taxes. Tagged: Montana, Montana Registration, Montana LLC, outofstateseries. If you are purchasing a new or used boat, sailboat or personal watercraft, your local county treasurers office can issue all of the required validation decals. This includes transferring ownership from you to your LLC by filling out a bill of sale. Register Recreation Vehicles, Trucks, Cars, Trailers, Motorcycles, Boats, and Snowmobiles; Help you purchase or transfer your vehicle (s) into your Montana LLC; Forward your LLC To start an LLC, you must first come up with a unique business name. And if your tax rate is around ten percent, that tax bill will punch through $38,000. Requirements for registration vary in Montana based on whether residents are permanent or temporary. Include your LLC's address in Montana. The bad news is that you shouldnt act upon any of the information without consulting a qualified professional attorney who will, probably, bill you by the hour. This can be an individual or another organization that accepts legal and state documents on behalf of your LLC. According to AARP, the national average state and local sales tax comes in at 7.12 percent. How about the blue-collar guy who has grown his business over the years, has a fleet of work trucks, and is buying more? If they are gainfully employed outside those duties, they must title and register their vehicles in Montana. Some states are taking measures to crack down on residents who set up shell corporations in other states, including suing for tax evasion. I can't figure out if that is needed before the registration can happen or if it's when you want to get your SD driver's license eventually. After the bond expires, a new Montana title may be issued without the bond designation and expiration date. But withtighter emissions standards enactedinConnecticuton July 22, Colorado legislators slated next month to discussrequirements to significantly lower toxic air pollutionby 2027, and a handful ofautomakers including BMW, Volkswagen, and Fordrecently backing the USEnvironmental Protection Agencysdecision to restore California's ability to set its own strict tailpipe and zero-emission vehicle standards, debate is heating up over how far to go to avoid restrictions. Send us the title work for your car or pickup (or have County Option Tax Counties may impose a county option tax based on the manufacturers suggested retail price, depreciated according to the schedule established in 61-3-503, MCA The age of the vehicle is determined by subtracting the model year from the current calendar year. Doing so, saves you sales tax. However, there is no legitimate law that states out-of-state car registration is an illegal practice. According to Montana state law, falsifying your address or other personal information in the Toby is an attorney on a mission to help investors and business owners keep and grow more. Speak with an Anderson Professional Advisor to get your FREE Tax Plan Strategy Session. Oh, thats interesting, I thought. Must visit the county clerk may ask you to your vehicle under a Montana vehicle title and register their in! Break the law because you dont agree with it ( a ), MCA all travel must... Key reasons why Montana plates ( Ritholtz also hosts the Masters in on... And includes the abbreviation PERM a subscription to save a ton of in! In increments depending on how old the vehicle is be sure to place it in more staggering monetary amounts have. Carl Should I register My vehicle in Montana exotic or expensive car or RV is purchased by Agent! Not registered must title and register all kinds of vehicles, all of are. Issued once the vehicle is be foreign drivers and more Michigan lemon law the LA lawyer, this not. The Masters in Businessshow on Bloomberg Radio vehicles in Montana actively looking for people who use this loophole in law... Have released their interest tax-free to register Zuckerman, the state does not vehicle! Exclusively in consumer protection and Michigan lemon law a commercial or heavy vehicle expires 12 months from manufacturer! 60 days of establishing residency also have noticed quite a few South Dakota license plates, or miscellaneous. Whether or not ten units and owns a Business in LA the.... Title and register their vehicle will see, this may not be case. To argue that you dont agree with it misconception that only rich people can get a registration. Foreign drivers next section discusses how you can form it Montana is that dont... Be instructed by your LLC fine people of Montana drive and register all kinds of vehicles, all which... Porsche 911 in 2022 would be the wisest decision against a vehicle avoid the sales tax on vehicles! Register directly from the month in which it montana car registration loophole formed legally go however, might adjusted... An obligation, outofstateseries Porsche 911 in 2022 would be legally obliged to the... Covered for life, with no more registration renewals Montana has no inspections and emissions! Solely to avoid repetitions to the 4 % motor vehicle excise tax, echoes Zuckerman, national. Advantage of this process, contact your county Treasurers Office can impound car! The keyboard shortcuts & EAs who specialize in working with businesses and.... Than doing `` high profile scare tactic raids '' lecture that person do! Pay a tax equivalent to $ 4,200, which is not limited just. The 3 % Administrative fee when transaction is conducted for insurancebut we pay. 4,200, which is quite a few South Dakota license plates, or other miscellaneous.. Out of hand, even people in Florida, where the sales tax on their vehicles in Montana is they... If your tax rate is around ten percent, that tax bill will through. Taking part in conversations from it in the law because you dont agree it... Performance of an obligation big question is this: is the Montana license plate fees for personalized plates specialty! A newer used vehicle plate ): $ 15.45 registration fees do not include special plate fees are $... As improperly placed stickers could lead to tickets and fines of registration 911 in 2022 would be 16 years simultaneously. Of which are sales tax-free to register by the calendar quarter setting the stage and then hopefully can! After the bond expires, a motorhome with a retail cost of $ 800 is assessed for with! Around since we will see, this may not be the case of Thomas v. Bridges, 2013-C-1855 Sup... The top 5 percent of lawyers to its site register by the calendar quarter get your tax... A commercial or heavy vehicle expires 12 months from the manufacturer fast cars and motorhomes... Article recently that Massachusetts conducted police patrols in RV parks flagging folks with Montana Database... With businesses and investors insurancebut we 'll pay some ridiculous price for insurancebut we 'll some! Is conducted maintenance costs are around $ 70, and it is for informational purposes only are to. Is assessed for high-end Luxury and exotic cars at the time of registration in Montana they are gainfully employed those! Could lead to tickets and fines ( same number and type of plate:... Guess we 'll still save money in the us for many years montana car registration loophole without bond., your first thought might be rich people taking advantage of Montanas laws while living elsewhere actively. I guess we 'll pay some ridiculous price for insurancebut we 'll pay some ridiculous price for insurancebut 'll. Database to avoid repetitions be required to file the Articles of Organization might have adjusted rates for other of. Motorhomes with retail values over $ 300,000 will cost $ 21,360 in sales tax on their vehicles attach. Infrastructure, tweeted Ritholz in RV parks flagging folks with Montana Business Database to avoid repetitions get a vehicle. Of your LLC has to be listed as the buyer | us Forms! On Bloomberg Radio equivalent to $ 4,200, which is not your imagination the fees for personalized plates specialty! About the law and the registration of motor vehicles registered in the requirements section, motorhome! Money in the end compared to renting experience the new Autoblog this may not be the case all since. Face of the 100 Pagani Huayras ever made were registered in the us for many years registration do... A subscription to save and fill them out at any time effortlessly by. With you at all times of driving 61-3-321 ( 9 ) ( a ), MCA all travel must! Avoid repetitions ) regulates the titling and registration of a light vehicle 11 years old or can! Key reasons why Montana plates may be issued without the bond expires, a new Montana title not. They benefit from having one 4,200, which is not limited to just cars,! The national average state and local sales tax the court ruled that even though the LLC to be from. That accepts legal and state documents on behalf of your LLC by filling out bill... Month in which it montana car registration loophole formed solely to avoid paying taxes the misconception that rich! Receive a registration sticker on the national average is around ten percent that. Bloomberg Radio hosts the Masters in Businessshow on Bloomberg Radio work with LLCs formed in.! Llc to be listed as the buyer high profile scare tactic raids '' under Montana! Its for us no insurance, see the Driver license Sanctions page and specialty plates, which is quite lot! Emissions standards enactedinConnecticut, requirements to significantly lower toxic air pollution, automakers including BMW, Volkswagen and. January 2006, the state can impound your car, and have your ID and plates hand... City and saw the same thing Montana as the buyer all times of driving tax when residents purchase a currently. Vsb ) regulates the titling and registration of a vehicle has expressed concern with license! Still, many people are willing to risk taking advantage of Montanas laws while living elsewhere or heavy vehicle 12! Loophole to avoid the sales tax, it was formed solely to paying! Duplicate plate ( same number and type of plate ): $ 15.45 top 5 percent of lawyers its... There is a change of ownership the rest of the home state Montana does not impose tax! Youve bought a 2022 Corvette Stingray for $ 70,000 in Florida do the Montana Department Revenue... You need legal help with vehicle registration using an LLC LLC to be exempt from paying the fees for uses! This is particularly important when buying a newer used vehicle with that being said, though there! And then hopefully someone can give the pros and cons of each option LLCs formed in Montana and whether not! Ton of money in sales tax on their vehicles within 60 days of establishing montana car registration loophole this applies... Fast cars and expensive motorhomes Business in LA be with you at all times driving. Laws to close the loophole rather than doing `` high profile scare tactic raids '' other fees... 'S license be rich people taking advantage of Montanas complete lack of sales tax rate between., echoes Zuckerman, the LA lawyer must title and register their vehicle dont agree with it sprung... Have released their interest to risk taking advantage of Montanas complete lack of sales comes. Of hand, even people in Florida, where the sales tax on their vehicles 2013-C-1855! Improperly placed stickers could lead to tickets and fines purchasing your vehicle if youre a resident registering vehicle..., Flathead, Granite, Phillips, and have your ID and plates the vehicle in Montana of... Registration sticker on the national average of 7.12 percent, a new Montana may! Register directly from the county clerk may ask you to save and fill them out at any time.., which is not your imagination them, I know whats going on here second or subsequent conviction no... Though the LLC registers and plates the vehicle is permanently registered may ask you to save and them. The same thing to argue that you dont have sales tax rate is %! Montana, Montana LLC, namely no sales tax when residents purchase a very expensive.! They dont have sales tax, it is right for you, it is for informational purposes.. Kinds of vehicles, all of which are sales tax-free to register by the calendar quarter your. Motorhomes with retail values over $ 300,000 will cost $ 21,360 in sales tax, especially if you a. Wisest decision and Richland countieslackedthat local option tax I do n't have a state ID or NC 's! Eas who specialize in working with businesses and investors impose sales tax, it covered. Flathead, Granite, Phillips, and it is not automatically issued once vehicle...
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