CA AB2618

Creates a presumption that licensed dismantlers and auctioneers selling vehicles, motorhomes, commercial coaches, or salvage certificate vehicles are making retail sales subject to tax, not sales for resale.

Allows sellers to rebut this presumption by obtaining a resale certificate from licensed dealers, dismantlers, automotive repair dealers, or scrap metal processors that includes specific license or registration numbers.

Permits qualified persons that do not timely obtain a resale certificate to use alternative verification methods prescribed by the State Board of Equalization to prove a transaction is a valid sale for resale.

Applies to vehicles required to be registered under the Vehicle Code, motorhomes and commercial coaches under the Health and Safety Code, and salvage certificate vehicles.

Took effect immediately upon approval by the Governor on September 29, 2012, and requires two-thirds legislative approval as it results in higher taxes under California Constitution Article XIII A.