joeyd
Platinum Member
No property tax on tractors here like Cat Fever said but build a barn to park it in and they get ya!
There are no "yearly" property tax on tractors unless the particular state requires a title and license plate. This will vary and is only 1 or 2 states.
I don’t think any state has a reoccurring tax on tractors. Most states charge sales tax when you buy it.
Now I see why it's the Show Me state...Not true. In Missouri, tractors are not titled or licensed but they are unfortunately subject to an annual property tax. So are all pieces of farm equipment as well as livestock, in addition to the property itself and any buildings on it. Nothing ag-related is subject to sales tax, though, although you do have to file an exemption with the state for this.