APS kit got me an Tax audit.
APS kit got me an Tax audit. LOL the saga continues: So apparently there is a use tax that has to be paid in the state of IL. I guess the kit was duty free but not use tax free. Now since the kit had fake turbo's I'm considering trying to show some form of a loss on the $4850 they valued it at. Anybody got any other idea's?
Joined: Jul 2005
Posts: 531
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From: Texas, Europe, Iraq & Afghanistan
Not intending to take this thread too far off course, but Texas has a state debt per person that is just a couple hundred dollars less than what California has. It is approximately $12,700.00 per person. This is almost a thousand dollars more per person than in Illinois.
Source: http://www.usdebtclock.org/index.html
Things are changing for the worse in Texas.
Source: http://www.usdebtclock.org/index.html
Things are changing for the worse in Texas.
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I dont either, but, wow, i had no idea. I know it has no debt because of the states constitution will not allow it, but they do tax pretty good. At least its paid for up front and not left for other generations to deal with.
So you bought this kit over the internet and they are sending you a tax bill for it? Dang politicians! The older I get the less I think they are good for.
So you bought this kit over the internet and they are sending you a tax bill for it? Dang politicians! The older I get the less I think they are good for.
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Verdad Gallardo Not intending to take this thread too far off course, but Texas has a state debt per person that is just a couple hundred dollars less than what California has. It is approximately $12,700.00 per person. This is almost a thousand dollars more per person than in Illinois.
Source: http://www.usdebtclock.org/index.html
Things are changing for the worse in Texas.
Source: http://www.usdebtclock.org/index.html
Things are changing for the worse in Texas.
Don't worry about it, Obama will take care of you! 
I would'nt be surprise if they start taxing everybody for everytime you fart.
I would'nt be surprise if they start taxing everybody for everytime you fart.
Last edited by Boo"SS"t; Aug 8, 2010 at 01:41 PM.
This could be a good thread, keep it going! I live in California and they tax you for everything and all of the city governments are corrupt. City officials are paying themselves $500.000 a year for sitting on their asses and watching things go to hell. The Federal Government is no different especially with the idiot we have running the country now!
use tax is for businesses who purchase machinery and goods for business use. If you purchase these items in state the use tax is abated, if you bring in ie machinery from out of state you are to pay use tax.
Purchased APS system myself 2007 and havn't had any letters from state pertaining to that purchase.
I think someone classified your purchase incorrectly? I hope? Or did you buy it though your own business?
Purchased APS system myself 2007 and havn't had any letters from state pertaining to that purchase.
I think someone classified your purchase incorrectly? I hope? Or did you buy it though your own business?
The CHRA of the units are from Taiwan. Take it for what its worth. We want to pay $5,000 for a turbo system you get a pair of $450 turbochargers.
APS made an earlier version of the GTO turbo system that used genuine ball bearing Garrett GT28 or 30 turbochargers with internal wastegate. That system sold for $13,000 area. For example thats what it would cost with brand name units, that cost $2,000 each.
My APS Kinugawa turbos lasted 3 years, 30,000 miles, I hit WOT about 2 weeks ago left a plume of oil smoke, they have more shaft play then a gay porno.
APS made an earlier version of the GTO turbo system that used genuine ball bearing Garrett GT28 or 30 turbochargers with internal wastegate. That system sold for $13,000 area. For example thats what it would cost with brand name units, that cost $2,000 each.
My APS Kinugawa turbos lasted 3 years, 30,000 miles, I hit WOT about 2 weeks ago left a plume of oil smoke, they have more shaft play then a gay porno.
use tax is for businesses who purchase machinery and goods for business use. If you purchase these items in state the use tax is abated, if you bring in ie machinery from out of state you are to pay use tax.
Purchased APS system myself 2007 and havn't had any letters from state pertaining to that purchase.
I think someone classified your purchase incorrectly? I hope? Or did you buy it though your own business?
Purchased APS system myself 2007 and havn't had any letters from state pertaining to that purchase.
I think someone classified your purchase incorrectly? I hope? Or did you buy it though your own business?
Who owes Indiana use tax?
Generally, any type of business entity (individual, partnership, corporation, etc.) that makes purchases of tangible personal property is subject to use tax unless it previously paid at least a 7 percent sales tax on the purchase to the vendor. Use tax can be thought of as a mirror of the sales tax. Both our sales tax and use tax rates are 7 percent.
Use tax is due on property brought into Indiana for use, storage or consumption, unless the Indiana Code (IC 6-2.5-5) contains an applicable exemption for your purchase. If you paid at least 7 percent sales tax at the time of purchase, you do not owe a use tax. However, if you did not pay at least a 7 percent sales tax, you may owe use tax.
What type of purchases might cause me to become liable for use tax?
* Catalog purchases by phone or mail from out-of-state vendors
* Internet purchases from out-of-state vendors
* Items withdrawn from your inventory for personal use or to give away
* Any purchase for which a statutory exemption is not available per the Indiana Code (IC 6-2.5-5)
Bob
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ATI ProCharger and Moser Sales 260 672-2076
PM's disabled, please e-mail me
E-mail: brutespeed@gmail.comob@brutespeed.com
https://brutespeed.com/ Link to website
Teching In
Joined: Jun 2010
Posts: 27
Likes: 0
From: West Fargo, ND
The CHRA of the units are from Taiwan. Take it for what its worth. We want to pay $5,000 for a turbo system you get a pair of $450 turbochargers.
APS made an earlier version of the GTO turbo system that used genuine ball bearing Garrett GT28 or 30 turbochargers with internal wastegate. That system sold for $13,000 area. For example thats what it would cost with brand name units, that cost $2,000 each.
My APS Kinugawa turbos lasted 3 years, 30,000 miles, I hit WOT about 2 weeks ago left a plume of oil smoke, they have more shaft play then a gay porno.
APS made an earlier version of the GTO turbo system that used genuine ball bearing Garrett GT28 or 30 turbochargers with internal wastegate. That system sold for $13,000 area. For example thats what it would cost with brand name units, that cost $2,000 each.
My APS Kinugawa turbos lasted 3 years, 30,000 miles, I hit WOT about 2 weeks ago left a plume of oil smoke, they have more shaft play then a gay porno.
LOL the saga continues: So apparently there is a use tax that has to be paid in the state of IL. I guess the kit was duty free but not use tax free. Now since the kit had fake turbo's I'm considering trying to show some form of a loss on the $4850 they valued it at. Anybody got any other idea's?
I'm guessing this was all business related and if it's on your books, depending on how good their auditor is in spotting it, you would be liable by the book.
Sales tax should always be collected on retail sales by a retailer where they have Nexus (physical presence in a state), so any retailer in Illinois must charge and collect sales tax in illinois and remit those taxes to the state.
you'll owe the interest no matter what, but try to plead on the penalty if you can and get an accountant involved. my experience is 15+ years ago but I know the nexus rules haven't changed.
Was not bought threw a business, was bought personally. I got a call from Fedex that said either I had to have a tax ID or social to get that package sorted according to customs. I'm sure that's how it was tracked by the state.
I called my tax guy as soon as I got the letter. He says wait on letter number two and lets see what they want.
My plan I hope is to get enough proof to show we received knockoff turbo's and try and de-value the kit. Any better ideas out there?
I called my tax guy as soon as I got the letter. He says wait on letter number two and lets see what they want.
My plan I hope is to get enough proof to show we received knockoff turbo's and try and de-value the kit. Any better ideas out there?