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The sales tax in Hollywood, FL was 6.00% at the time of this post.

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13y ago

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Are state sales taxes collected on food items in Florida?

No


Is the amount of sales tax collected on sales is recorded in the Sales Tax Revenue account?

combind revenue accounts


What account that would be credited for the amount of tax collected on sales?

accounts payable


Do you have to pay sales tax on a used car if you trade it within a week of purchase in Missouri?

== == The operative word here is SALES TAX. Which is collected when a car is SOLD. If you SOLD the car, then sales tax is due on that sale amount.


Is sales tax collected by wholesalers?

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What is the Florida state sales tax?

How do I get a florida retail sales chart


You bought a car from a private seller in fl and paid the fl sales tax for a temporary tag. As a resident of ga you find that you need not pay the sales tax on the used car. Can I get my money back?

Sales tax is collected in the jurisdiction where the sale takes place. You purchased the car in Florida, so sales tax is due in Florida. More information: http://dor.myflorida.com/dor/taxes/sales_tax.html


What kind of taxes are consumption collected as?

Sales.


Will you have to pay sales tax on a vehicle moving from West Virginia to Florida?

Yes, when you move a vehicle from West Virginia to Florida, you will typically have to pay sales tax in Florida upon registering the vehicle. Florida generally charges sales tax based on the purchase price of the vehicle. However, if you can provide proof of sales tax already paid in West Virginia, you may be eligible for a credit to reduce the amount owed in Florida. Always check with the local tax authority for the most accurate and up-to-date information.


Who collects sales tax?

Sales tax is collected by the seller and then passed on to the State.


Revenues from credit sales may be earned before they are collected in cash do you agree?

Yes, if the product or service is rendered to the customer and said customer has not paid the amount, the revenue has been earned, not collected, to record this transaction you would Debit Accounts Receivable (to show that the service or product has been rendered) and Credit Revenue (income). Once payment is received, then to show money has been collected, you Debit Cash and Credit Accounts Receivable (you no longer have to touch your sales/revenue account as the amount is already listed as being earned).


How much is 8.250 tax?

The value 8.250% is a typical amount of sales tax collected. It means you will pay $8.50 extra in tax to the State for every $100 in purchases you make.