What happens to the Rental Vehicle Tax Exemption form?
Once the registration has been processed the Exemption form will be filed with the Rental Company License and Application for audit purposes
Agency of Transportation
Rental
What if the purchase and use tax is paid at the time of registration?
The 9% rental tax must be collected on all vehicles being rented on a short term basis.
Rental Company License
Rental Vehicles
Pleasure cars being rented for less than one year. It shall also mean rentals of trailer coaches and trucks having a gross weight of 26,000 pounds or less and trailers or semi-trailers having a gross weight of 3,000 pounds or less.
If a vehicle is rented for less than 30 days in a continuous period of 365 days, or for less than 60 days in a continuous period of 730 days; or the vehicle is no longer used in a short term rental, then the 6% purchase and use tax would be due.
Rental Company Bond
04 October 2016
To bond as a rental company.
Rental Company Tax Report
04 October 2016
To file a tax report by a rental company.
Rental Company License Application
04 October 2016
To apply for a rental company license.
Exemptions
The following is a list of conditions that will allow you to register your vehicle exempt of payment of the Vermont Purchase and Use Tax:
A vehicle owned or leased by government
You will be required to submit proof of government ownership.
A vehicle owned or leased by religious or charitable institution
These groups must submit the following documentation:
Tax Exemption - Rental Vehicle
23 September 2016
To apply for exemption from purchase and use tax at the time of registration for a rental vehicle
