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Senate panel passes Ferrari tax targeting luxury cars, RVs, Montana Legislature

Senate panel passes Ferrari tax targeting luxury cars, RVs, Montana Legislature

Montana Legislature

Senate panel passes ‘Ferrari tax’ targeting luxury cars, RVs

HELENA — Buyers of fresh luxury cars and recreational vehicles registered in Montana would face a fresh annual tax of at least $1,500 if their vehicles are worth at least $150,000, under a bill endorsed by a Senate committee on Wednesday.

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