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Can a late fee be charged sales tax?
In most states, a late fee is not a "sale," and therefore should not be charged sales tax.
What is the difference between sales tax and vat?
Sales Tax is a tax charged on Sale of any item whereas VAT is value added tax charged on both sale & purchase.
Do you charge sales tax on labor in Illinois?
Sales tax is charged on parts, etc. not labor.
What is input tax?
Your taxable sales only-those from in state buyers who you charged sales tax. (If you do.)
The price of an item before tax was 48.00 The sales tax was 2.16 What percent of tax was charged?
The percent of the sales tax was 4.5%
What sales tax are you charged if you buy a car out of state?
You should be charged the sales tax from the state you live in. I know that if you live in NH and you buy a car in another state you aren't charged any tax because NH doesn't have tax.
Do you charge sales tax on labor in OK?
Most of the time labor must be itemized separately for you not to be charged sales tax. In cases like where a contractor puts a new roof on a home for $8,000 then sales tax must be charged for the whole amount. If the invoice lists the bill of $4500 for materials and $3500 for labor to put on new shingles then sales tax would only be charged for the material and not for the labor. This is pretty much the law in just about every state.
Are the 2 taxes charged on each pack of cigarettes a sales tax?
There is a federal excise tax and a state sales tax.
Is there sales tax charged on FED EX Shipping Charges?
No, they do not add sales tax when you ship something via FedEx.
Do you pay sales tax when buying a home in Iowa?
In my state there is no sales tax on a home sale.
What is input taxed sales?
Your taxable sales only-those from in state buyers who you charged sales tax. (If you do.)
Should a non profit charge sales tax on items it sells as a fund raise?
Remeber that sales tax is a state by state tax so rules vary. Most states will require the same sales tax charged by nonprofits that is charged by for profits. Otherwise, the competition is not fair.
