VIT Declaration and Reporting

 

Enter the Vehicle Inventory Tax account number here. This number has to be exact, no partial entries.

 

Click here to search for the VIT account

 

Click this button to save changes to the Vehicle Inventory Tax Account.

Listing of accounts currently in vehicle inventory.

A YTD Summary Report of payments for vehicle inventory accounts.

A YTD Detail for vehicle inventory accounts.

 

Choose the year to search for the VIT Account.

 

The Owner Name can be changed once an account has been brought up by the VIT number.

NOTE: You cannot search for a VIT record by owner name. You must have the account number.

NOTE: This does not update the account record, only the VIT declaration record.

The Owner Address can be changed once an account has been brought up by the VIT number.

NOTE: You cannot search for a VIT record by Owner Address. You must have the account number.

NOTE: This does not update the account record, only the VIT declaration record.

The Business Name can be changed once an account has been brought up by the VIT number.

NOTE: You cannot search for a VIT record by Business Name. You must have the account number.

NOTE: This does not update the account record, only the VIT declaration record.

Location is the legal SITUS address of the property account.

NOTE: This could be different than the Owner Address.

Owners General Distinguishing Number issued by the Texas Department of Transpertation.

This number is required to go on reports to the state.

The Factor is the tax rate that is calculated by the county at which the motor vehicle dealer will be taxed.

 

 

This is the total sales in units for the prior year. This includes the 3 sales divisions below plus any other retail sales.

State sales category for fleet sales.

State sales category for dealer sales.

State sales category for subsequent sales.

The State category for dollars

This is the total sales in dollars for the prior year. This includes the 3 sales divisions below plus any other retail sales.

FL - Fleet Sales - motor vehicles included in the sale of five or more motor vehicles from your inventory to the same buyer within one calendar year.

DL - Dealer Sales - sales of vehicles to another Texas dealer or a dealer who is legally recognized in another state as a motor vehicle dealer.

SS - Subsequent Sales - dealer-financed sales of motor vehicles that, at the time of sale, have dealer financing from your motor vehicle inventory in this same calendar year. The first sale of a dealer-financed vehicle is reported as a motor vehicle inventory sale, with sale of this same vehicle later in the year classified as a subsequent sale.

This is the Prior Year Net Sales amount in dollars divided by 12.

There may be some entities where dealers are located that are collected for by another county. Enter their ID and percentage of the VIT tax that gets sent to the other county.