Only that which a government imposes.
There is not a limit in Oklahoma. Most jurisdictions do not pass laws that limit their ability to collect taxes.
Texas implemented a cap on the sales tax for vehicle purchases in 2016. The legislation set the maximum sales tax at $90 for car sales, which was part of broader tax reform efforts. This change aimed to alleviate the financial burden on consumers when purchasing vehicles. Prior to this cap, the sales tax was calculated as a percentage of the vehicle's purchase price without a limit.
sales tax sales tax!
Sales tax, of course.
Sales Tax / Sales Tax Rate = Gross Sale
Total with sales tax $48.76 minus total without sales tax $46.00 = sales tax $2.76. Sales tax $2.76 divided by purchase $46.00 = sales tax rate 6%.
If an item costs $1,075.00 and the value of the sales tax is $43.00, the percentage of sales tax is 4%
No, you do not pay sales tax on labor. Sales tax is for materials.
yes Montana has sales tax. there tax is 8.7 sales tax. NO, Montana does NOT have a Sales Tax. Or, to put it another way, there is a 0.0% sales tax. I have lived here for years...I don't pay a sales tax. Whoever said yes, must not live in Montana.
There is no sales tax in the state of Oregon.
The total tax is $0.14
debit sales tax expensecredit sales tax payable