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Deductions & credits
Yes. One idea would be to take the value of each car, then divide it by the total value of all cars to get a percentage. This percentage can be used on the total tax to arrive at the registration fees for each car.
Example:
Car 1 Value = 10,000
Car 2 Value = 8,000
Car 3 Value = 5,000
Car 4 Value = 5,000
Total Value = 28,000
10,000/28,000 = 36% - This is the percentage for Car 1. Follow this example for each car.
Next use the percentage for each separate make/mode to arrive at the amount for each car for your entry.
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‎January 20, 2025
12:08 PM