Texas Tax Code 152.021 – Retail Sales Tax
Current as of: 2024 | Check for updates
|
Other versions
(a) A tax is imposed on every retail sale of every motor vehicle sold in this state. Except as provided by this chapter, the tax is an obligation of and shall be paid by the purchaser of the motor vehicle.
(b) The tax rate is 6-1/4 percent of the total consideration.
Terms Used In Texas Tax Code 152.021
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.