Motor Vehicle Seller-Financed Sales Tax
Sign up to receive e-mail updates when this page changesA tax is collected by a motor vehicle seller who holds a dealers license from the Texas Department of Transportation and finances the vehicles it sells. The seller collects the motor vehicle sales tax on these vehicles as the buyer makes payment.
The Comptroller's office is pleased to launch a new version of WebFile for motor vehicle seller financed sales taxpayers. This fast, easy and secure Web-based system allows you to electronically file your motor vehicle seller financed sales tax report and submit payment (by credit card, electronic check or via TEXNET).
Effective Oct. 1, 2011 – $50 Late Filing Penalty
For reports due on or after Oct. 1, 2011, a $50 late filing penalty will be assessed on every report filed after the due date. The $50 penalty is due in addition to any other penalties assessed for the reporting period. For details about these changes, please visit Publication 98-918 – Late Filing Penalties (PDF, 69KB).
Rate Details and Other Information
Rates
6 1/4 percent (.0625) of gross receipts.
Due Date
Monthly or Quarterly (if qualified): 20th day of the month following the end of the reporting period.
Electronic Reporting
Yes. See WebFile