Income tax department of your State. Probably the web site has an FAQ on collecting, and remitting sales taxes collected by vendors (that's you.) Not to be used to avoid paying sales tax on purchases, which is proper when items are to be resold but improper for items you keep/use.
NY requires filing a report every year, even if zero tax collected, else they impose a $50 fine.
The current total local sales tax rate in Hayden, ID is 6.000%.
There are several types of tax ID. EIN is the employer identification number needed in order to withhold and pay taxes for employees. You do not need an EIN if you do not have employees. Even if you incorporate you can use your own Social Security Number for the corporations tax id required to open a bank account. If your business requires you to charge sales tax then a Sales tax ID may be required before you can get a city or county license in some states. Other states are less rigid. Most states will issue a Sales Tax certificate with your ID number on it by online registration.
The Idaho (ID) state sales tax rate is currently 6%. Depending on local municipalities, the total tax rate can be as high as 9%.
sales tax sales tax!
In the USA, there is no VAT (Value Added Tax) system like in some other countries. Instead, businesses may need to register for a Sales Tax ID number with the state where they operate to collect and remit sales tax.
An approved inspected facility (Lot), Tax ID number, and a sales licence.
The Minnesota state tax identification number, also known as the Minnesota Tax ID, typically consists of 8 digits. This number is used for various tax purposes, including sales tax and withholding tax. It's important for businesses operating in Minnesota to obtain this number for compliance with state tax regulations.
Sales tax, of course.
Should you use your personal tax ID or the estate tax ID when selling the house of a decendant?
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%