Dealer Resources
2021 Measure of Use Tax Rate is $166
2022 Measure of Use Tax Rate is $175
2023 Measure of Use Tax Rate is $191
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Wisconsin licensed motor vehicle dealers are permitted to report use tax on a fixed dollar amount per plate per month for the use of motor vehicles assigned to certain employees and dealership owners.
Effective January 1, 2023, the amount subject to use tax is increased from $175 to $191 per plate per month. To calculate use tax, $191 is multiplied by the appropriate use tax rate (5% or 5.5%) to arrive at the use tax due per plate per month. Why is the rate increasing? Wisconsin law (sec. 77.53(1m), Wis. Stats.) requires the department to annually adjust the amount subject to use tax to reflect the annual percentage change in the U.S. Consumer Price Index for All Urban Consumers, U.S. City Average, as determined by the U.S. Department of Labor for the 12-month period ending June 30. Since the index for the period July 2021 through June 2022 increased 9.1%, the amount subject to use tax on dealer's motor vehicle plates increases $16 starting January 1, 2023. Compliance Reminder: |
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