In lieu of Standard Sales Tax Receipt for Vehicle Sales (DR 0024), auto dealers must prepare a Tax Statement for Leased Motor Vehicle (DR 0026) for any motor vehicle they sell to a lessor, if the dealer does not collect tax on the sale because the lessor will collect sales tax on the lease payments. Dealers must also report on this form any tax due and collected on any amount paid by the lessee to the dealer at the time of signing and delivery. Dealers must submit this completed form to the county clerk for the county in which the vehicle will be registered.
