answersLogoWhite

0

They were issued so that people could get change for uneven sales tax. There were valued at 1/10 of a cent. So if you bought something for $1.89 and sales tax was 3% the total would be 5.7 cents. So you would pay $1.95 and get three tokens back that you could use at other places to pay the point-something sales tax. Now the tenths of a cent are just rounded.

User Avatar

Wiki User

17y ago

What else can I help you with?

Related Questions

What is an Alabama sales tax token?

The Alabama sales tax rate is currently 4%.


What is the value of a Utah sales tax token?

Green 1cent plastic tax token


What is the value of a red plastic 5 cent Alabama sales tax token?

A red plastic 5 cent Alabama sales tax token typically holds a nominal value of 5 cents, as it was issued as a form of currency to pay sales tax during the mid-20th century. However, its collectible value can vary significantly among collectors, often depending on its condition and rarity. Some tokens may be worth more than their face value, particularly to numismatists or those interested in Alabama's history. Generally, collectors might pay anywhere from a few dollars to more for well-preserved examples.


What is the value of Black Missouri sales tax token?

The Black Missouri sales tax token, issued in the 1930s, has a value of 1 mill, or one-tenth of a cent. These tokens were used in lieu of small coins for sales tax payments, as the state sought to simplify transactions. While they are primarily of historical interest today, their value can vary among collectors, often depending on condition and rarity.


Do Mississippi resident buying a boat in Alabama pay sales tax?

You do not pay sales tax in Alabama. However, you will pay sales tax in Mississippi when you register the boat. The tax is 7% of the price of the boat, motor and trailer, MINUS the value of your trade-in, if any. You will pay this tax at your county courthouse.


What is the value of a series A-35 square sales tax token one fifth cent issued by the Colorado State Treasurer?

About a dollar.


What is the used car sales tax for Alabama?

The used sales tax for the state of Alabama on a used car is the same as a new car. 2.0% is the state sales tax. There is also city and county sales tax. This varies from each city and county.


How much is auto sales tax in Alabama?

For the state of Alabama, the state tax on buying an automobile combined with the county's tax is 3.75%. There may be an additional city sales tax included.


When the MO sales tax token was discontinued?

Dec 31st, 1961.


What is the value of the tax commission state of Washington sales tax token?

I think that the going rate for one of those is only around three dollars depending on how bad someone wants it.


What is the sales tax for blount county Alabama?

The tax rates for Oneonta, AL Blount County and Alaba State Sales tax can be found at: http://www.ador.state.al.us/salestax/sales/index.cfm?Action=CityDetail Oneonta, AL Sales Tax is 3% Blount County, AL is 2% Alabama Sales Tax is 4%


What is sales tax in gulf shores Alabama?

8