Form ST-133CATS Form Efo00197, Sales Tax Exemption Certificate - Capital Asset Transfer Affidavit - Idaho

Form ST-133CATS is a Idaho State Tax Commission form also known as the "Form Efo00197, Sales Tax Exemption Certificate - Capital Asset Transfer Affidavit". The latest edition of the form was released in August 5, 2016 and is available for digital filing.

Download an up-to-date Form ST-133CATS in PDF-format down below or look it up on the Idaho State Tax Commission Forms website.

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ST-133CATS
Idaho State Tax Commission
SALES TAX EXEMPTION CERTIFICATE - CAPITAL ASSET TRANSFER AFFIDAVIT
Take this form to the county assessor or Idaho Transportation Department with the title to the vehicle being transferred.
This form may also be used for boats and other vehicles that are registered with the county assessor.
Name of Buyer/Recipient
Name of Seller/Transferor
Address
Address
Zip Code
Phone
Zip Code
Phone
Year
Make
Model
Vehicle/Boat Identification Number
Vehicle/boat
Information
I
BULK SALE OF
Attach copy of Bill of Sale indicating purchase of business and assets.
.
ONGOING
BUSINESS
Did the purchase represent all or substantially all of the operating assets of the business?
Vehicles, Boats,
Yes
No
RVs, Snowmobiles,
(If NO, this exemption does not apply.)
Aircraft
Will the purchaser be continuing this business in a like or similar manner?
Yes
No
(If NO, this exemption does not apply.)
See Back
II
CAPITAL ASSET
Was sales tax paid by seller or a related party when acquiring the vehicle?
Yes
No
.
SALE, LEASE,
(If NO, this exemption does not apply.)
RENTAL for
(If YES, provide name of related party who paid tax. _________________________________ )
MOTOR VEHICLES
and TRANSPORT
Are all owners of the parties involved in this sale related by one or more of the following
TRAILERS ONLY
categories? Check all that apply.
PARENT/CHILD
GRANDPARENT/CHILD
BROTHER/SISTER
SAME OWNERS IN EACH BUSINESS
(If all owners do not meet at least one of these categories with respect to each of the other
owners, this exemption does not apply.)
See Back
III
CAPITAL ASSET
Was sales tax paid at the time transferor acquired the vehicle?
Yes
No
.
TRANSFER for
(If NO, this exemption does not apply.)
Vehicles, Boats,
RVs, Snowmobiles,
Is this vehicle being transferred for anything of value other than a change in equity
Aircraft
(increase/decrease of shares/ownership)?
Yes
No
(If YES, this exemption does not apply.)
If this transaction is between corporations. See back for relationship requirements.
See Back
IMPORTANT!! Read before signing. I certify that all statements I have made on this form are true and correct to the
best of my knowledge. I understand that if I falsify this form, I may be subject to criminal prosecution. I understand the
Tax Commission may request documents to support the claims made on this form.
Seller's/Transferor's Signature
Buyer's/Recipient's Signature
Date
Date
Title, if applicable
Title, if applicable
EFO00197
08-05-2016
ST-133CATS
Idaho State Tax Commission
SALES TAX EXEMPTION CERTIFICATE - CAPITAL ASSET TRANSFER AFFIDAVIT
Take this form to the county assessor or Idaho Transportation Department with the title to the vehicle being transferred.
This form may also be used for boats and other vehicles that are registered with the county assessor.
Name of Buyer/Recipient
Name of Seller/Transferor
Address
Address
Zip Code
Phone
Zip Code
Phone
Year
Make
Model
Vehicle/Boat Identification Number
Vehicle/boat
Information
I
BULK SALE OF
Attach copy of Bill of Sale indicating purchase of business and assets.
.
ONGOING
BUSINESS
Did the purchase represent all or substantially all of the operating assets of the business?
Vehicles, Boats,
Yes
No
RVs, Snowmobiles,
(If NO, this exemption does not apply.)
Aircraft
Will the purchaser be continuing this business in a like or similar manner?
Yes
No
(If NO, this exemption does not apply.)
See Back
II
CAPITAL ASSET
Was sales tax paid by seller or a related party when acquiring the vehicle?
Yes
No
.
SALE, LEASE,
(If NO, this exemption does not apply.)
RENTAL for
(If YES, provide name of related party who paid tax. _________________________________ )
MOTOR VEHICLES
and TRANSPORT
Are all owners of the parties involved in this sale related by one or more of the following
TRAILERS ONLY
categories? Check all that apply.
PARENT/CHILD
GRANDPARENT/CHILD
BROTHER/SISTER
SAME OWNERS IN EACH BUSINESS
(If all owners do not meet at least one of these categories with respect to each of the other
owners, this exemption does not apply.)
See Back
III
CAPITAL ASSET
Was sales tax paid at the time transferor acquired the vehicle?
Yes
No
.
TRANSFER for
(If NO, this exemption does not apply.)
Vehicles, Boats,
RVs, Snowmobiles,
Is this vehicle being transferred for anything of value other than a change in equity
Aircraft
(increase/decrease of shares/ownership)?
Yes
No
(If YES, this exemption does not apply.)
If this transaction is between corporations. See back for relationship requirements.
See Back
IMPORTANT!! Read before signing. I certify that all statements I have made on this form are true and correct to the
best of my knowledge. I understand that if I falsify this form, I may be subject to criminal prosecution. I understand the
Tax Commission may request documents to support the claims made on this form.
Seller's/Transferor's Signature
Buyer's/Recipient's Signature
Date
Date
Title, if applicable
Title, if applicable
EFO00197
08-05-2016
INSTRUCTIONS
Idaho law requires that sales or use tax be paid whenever a certificate of title or registration is
transferred. However, the law provides for certain exemptions to this requirement. This form
(ST-133CATS) is required to support sales tax exemptions listed below. It must be furnished to the
county assessor or Idaho Transportation Department with the title or registration to the vehicle, boat,
aircraft, snowmobile, or RV being transferred. For this form to be valid, signatures of both the seller
and buyer are required.
I. BULK SALE
(Idaho Code Section 63-3622K(5) and Sales Tax Rule 099)
Use this portion of the form to claim a sales tax exemption for assets that are included in the sale of a
business when the new owner will continue to operate the business.
This exemption applies to vehicles, motor vehicles, boats, RVs, snowmobiles, and aircraft.
II. CAPITAL ASSET SALE/LEASE
Idaho Code Section 63-3622K(4) and Sales Tax Rule 099)
(
Use this portion of the form to claim a sales tax exemption when a motor vehicle or transport trailer is
sold or leased as an asset of a business. The seller or related party must have correctly paid sales/use
tax before this sale/lease.
All owners must be the same in each business or members of the same family related by blood or
marriage within the 2nd degree (parent/child, grandparent/child, brother/sister - NOT aunts, uncles,
cousins).
This exemption doesn't apply to aircraft, watercraft, ATVs, snowmobiles, or travel trailers.
III. CAPITAL ASSET TRANSFER
(Idaho Code Section 63-3622K(3) and Sales Tax Rule 099)
Use this portion of the form to claim a sales tax exemption when transferring tangible personal
property to/from a business for nothing of value other than a change in equity (increase/decrease of
stock or partner's equity).
The transferor must have correctly paid sales/use tax before this transfer. If the transfer is between
coporations, the relationship must be as follows:
Parent Corporation to subsidiary.*
Subsidiary Corporation to parent or another subsidiary.*
* The parent corporation must own at least 80% of subsidiaries.
EFO00197-2
08-05-2016
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