.: Association Information :.
The Independent Automobile Dealers Association of Utah, founded in 1974, is the only organization representing all of Utah's used car dealers. It is our 30th anniversary and we are here to continue to protect you and your business from those organizations, businesses, and governement entities that may cause harm to this used car industry as a whole. It is the Associations objective to see that the views of the members are expressed in all the activities, programs, and legislation administered and that those members are being fairly represented and protected as an industry.
Association Benefits Available to Members Only
Industry Newsletters
Industry Current Events
DEALER NOTICE!!
IRS INCREASES MILEAGE RATES THROUGH 2008: The IRS this week announced an increase in the optional standard mileage rates for the final six months of 2008.
Though the IRS normally updates mileage rates once a year in the fall for the next calendar year, the Service said it made this special adjustment in recognition of recent gas price increases.
“Rising gas prices are having a major impact on individual Americans. Given the increase in prices, the IRS is adjusting the standard mileage rates to better reflect the real cost of operating an automobile,” said IRS Commissioner Doug Shulman.
The rates will increase from 50.5 cents to 58.5 cents a mile for all business miles driven from July 1, 2008 through Dec. 31, 2008. The rate for calculating the deductible costs of operating a vehicle for medical or moving purposes will also increase by eight cents, to 27 cents per mile. The rate for providing services for charitable organizations will stay at 14 cents because it is set by statute, not the IRS.
Effective Date: July 1, 2008
Sales Tax Rate Changes and
2008 Legislative Sales Tax Changes
Quarterly Rate Changes
- The tax rates in Davis and Weber counties will increase .05 percent, based on 2008 Senate Bill 245. The new combined rate in Davis County will be 6.45 percent except for Bountiful and Centerville, which will have a 6.55 percent rate. The new combined rate in Weber County will be 6.8 percent.
- Monticello (San Juan County) will no longer impose the resort communities tax. The new combined rate will be 5.9 percent.
- Brigham City, Perry and Willard (all in Box Elder County) will impose an additional Mass Transit tax of .25 percent. The new combined rate for these cities will be 6.45 percent.
- Lewiston (Cache County) will impose a Mass Transit tax of .25 percent. The new combined rate will be 6.5 percent.
During its 2008 General Session, the Utah Legislature passed several bills that impact Utah’s sales and use tax laws. Highlights include:
House Bills
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HB 165, Sales and Use Tax Exemptions Relating to Aircraft
Modifies the sales tax exemption for parts and equipment installed in an aircraft operated by a common carrier to an exemption for parts and equipment sold by an aircraft manufacturer (NAICS 336411 or 336412) for installation in, or repair or renovation of, an aircraft.
- HB 248, Amendments to Sales and Use Tax Exemptions for Certain Property Incorporated Into Real Property
Re-enacts the sales and use tax exemption for tangible personal property incorporated into real property outside Utah (repealed effective July 1, 2004). Provides that a person who would otherwise have been able to claim this exemption for the period it was not in effect (July 1, 2004 through June 30, 2008) may claim the exemption by filing a refund request.
- HB 304, Sales and Use Tax Revenues for Qualified Emergency Food Agencies
Repeals the sales tax refund for qualified emergency food donations and replaces that refund with an appropriation.
Senate Bills
- SB 99, Amendments to Sales and Use Tax Exemption for Prosthetic Devices
Modifies the criteria for the sales and use tax exemption for prosthetic devices to require that the prosthetic device is obtained with a prescription, or that the device is purchased by a hospital or medical facility.
- SB 237, Commercial Airline and Airport Taxation Amendments
Authorizes a sales tax exemption for sales of construction materials purchased for a new airport owned or operated by a city in Weber, Davis, Utah or Washington County.
Find more information about sales and use tax online at tax.utah.gov/sales.
Changes in Utah laws or Tax Commission rules may supersede this Tax Bulletin.
For the most current guidance relating to state and local taxation, including
local sales tax rates, visit the Tax Commission’s Internet website at tax.utah.gov.
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Online Dealer License Renewal Education Class -
For information on completing your dealer license renewal education please click here. Requirements for completing your education online are provided.
Click here for more info.
- Lunch & Learn - FREE for Members
Our next Lunch and Learn will be held on March 27, 2008. For more information please click on the link above. As a reminder this is a FREE seminar - including lunch - for members of the IADAU. To register for this seminar click here or call the Association Office - 801-566-3802. Seating is limited.
- 2007 Utah Quality Dealer of the Year
Kevin Gallagher of Utah Auto Sales was named as the Utah Quality Dealer of the Year and will represent Utah at the National Independent Auto Dealers Association at the convention in Nashville Tennessee in June 2007.
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IDS Partners with Integra Systems
 IDS has recently partnered with Integra Systems to make your Patriot Act Compliance and OFAC Compliance that much easier. Integra Systems has two plans available for dealers to choose from both with a cap cost of $50 per month. Charges are based on the number of searches performed. Plan A begins at $15 per month and Plan B begins at $25 per month. For additional information concerning this program please contact the Midvale IDS office at 801.566.3802 and ask for Adam or click the OFAC IQ banner ad to learn more and sign up now. The cost of the penalties for noncompliance are huge. Comply now by clicking the OFAC banner ad above..
- Smart Desk by Virtual Motors
New Dealer Operating Software with the Independent Dealer in mind. Find out the benefits and feature now. Click here for more information on a new twist in dealer operating software..
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