If I receive a car as a gift and thus not pay sales tax,
What are the chances that the state will inquire or investigate
the fact that it may not have been a gift but a purchase
and wants to charge sales tax? I.e., I am actually purchasing the car.
In this economy, every penny counts. So I'm trying to avoid
sales tax if I can. Am I taking a chance on serious repercussions?
Can the state go after me for fraud? Tax evasion?
Are there penalties and interest? Or would you recommend simply
Listing the purchase price very low to keep my taxes low?
I also may be listing a lienholder on the title, so I would
Need to show an actual purchas price on that case.
Thanks.