Buying Car in Canada as NY Resident Sales Tax
I am a resident of new york and looking to buy a vehicle in Canada. Specifically ontario where they have a 5% federal tax rate and 8% state tax rate so 13% tax total. Although I am not a resident there I am being told I need to pay state and federal tax on the car so when bringing the car to new york am I able to get a tax credit or deduction towards the new york sales tax? I saw an article about reciprocal credit for sales or use taxes paid to other taxing jurisdictions but I am not sure on how it works.
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