Tax Rate

(a)The tax rate for the transfer of vehicle titles shall be Five Dollars ($5.00) plus two and one-half percent (2.5%) of the value stated on the Bill of Sale. CH. 25 VEHICLE TRANSFER TAX

(b)Exemptions. The following transfers shall be exempt from the tax imposed under this Chapter:

(1)transfers due to inheritance; provided, that sufficient legal documentation is provided; and

(2)transfers involving a vehicle donated to a recognized nonprofit organization.