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Corvette
C8 Z06
Z06 production numbers
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<blockquote data-quote="gone" data-source="post: 301311" data-attributes="member: 5899"><p>The luxury tax is still relatively new and it takes time to work out the correct interpretation of any "grey areas": from the government responding to complaints/enquiries and issuing interpretation bulletins or people challenging it in tax court, resulting in a decision that's then used for guidance. Until then, accountants can speculate (most likely correctly, given their background/experience) but dealerships will err on the side of caution and collect the tax, knowing if they don't but should have, they'll then be on the hook for it.</p></blockquote><p></p>
[QUOTE="gone, post: 301311, member: 5899"] The luxury tax is still relatively new and it takes time to work out the correct interpretation of any "grey areas": from the government responding to complaints/enquiries and issuing interpretation bulletins or people challenging it in tax court, resulting in a decision that's then used for guidance. Until then, accountants can speculate (most likely correctly, given their background/experience) but dealerships will err on the side of caution and collect the tax, knowing if they don't but should have, they'll then be on the hook for it. [/QUOTE]
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Corvette
C8 Z06
Z06 production numbers
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