2011 Vermont Code
Title 32 Taxation and Finance
Chapter 219 MOTOR VEHICLE PURCHASE AND USE TAX
§ 8908 Regulations
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TITLE 32
Taxation and Finance
PART V
Special Taxes
CHAPTER 219. MOTOR VEHICLE PURCHASE AND USE TAX
§ 8908. Regulations
Notwithstanding any other provision of law, the commissioner may from time to time make regulations to provide that "taxable cost" shall not reflect a diminution for trade-in arising from a purchase of a motor vehicle in a state which does not allow a deduction for trade-in in the computation of the "taxable cost" or similar tax base in the computation of taxes imposed by a motor vehicle sales and use tax in that state. (Added 1967, No. 116, { 6, eff. April 17, 1967.)
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