Business Entity

The sale or transfer of a motor vehicle, trailer, or other vehicle between an owner and his/her business entity is granted an exemption from tax when the transfer occurs within ninety days from the date of formation, dissolution, or reorganization of the business entity.

 

The name of the transferor on the MVU-25 must be the same as the name on the Proof of Tax Paid document. The date of transfer listed on the MVU-25 must be within the 90 day period.

 

Required documents for this exemption:

      A completed Form MVU-25

      Proof of Tax Paid

 

The name of the transferor on the MVU-25 must be the same as the name on the Proof of Tax Paid document. The date of transfer listed on the MVU-25 must be within the 90 day period.

 

For more information on Business Entities, please see the Business Entity Requirements section.