A national sales tax is a consumption-based tax imposed on the sale of goods and services at the federal level. It is collected directly from consumers at the point of sale and is intended to generate revenue for the government. National sales tax can take different forms, such as a value-added tax (VAT) or a goods and services tax (GST).
The current total local sales tax rate in Will County, IL is 7.000%.
The sales tax rate in Forsyth County, Georgia is 7%. This consists of a 4% state sales tax and a 3% local sales tax.
The current total local sales tax rate in Tulsa, OK is 8.517%.
Sales tax in Texas was implemented in 1961.
The sales tax rate in Duval County, Florida is 7%. This includes a 6% state sales tax and an additional 1% local option sales tax.
The sales tax is a tax upon commerce, or the buying and selling of goods. It is imposed by national and local governments to pay for certain public needs.
yes these have been several proposals to collect state sales tax on Internet sales and at some point it will probably pass. The idea is based on the fact that merchants selling over the Internet are in fact selling merchandise and should be collecting and paying state sales tax to the various states. Many states have added a line to their income tax form where residents are required to state how much they purchased on the Internet and pay the sales tax that way. Obviously that only collects a percentage of the correct tax.Many large national internet merchants do collect and submit sales tax. The current state of the law requires merchants who have a "nexus" in the state to collect sales tax. A nexus being a physical presence.If your question is about a "national sales tax" a percentage added on sales and going to federal government there have been few if any serious proposals. Some have suggested a national sales tax in lieu of income tax.
The percentage of the national sales tax varies by country and can differ by region within a country. For example, in the United States, there is no national sales tax; instead, states impose their own sales taxes, which typically range from 0% to about 10%. In countries like Canada, the Goods and Services Tax (GST) is set at 5%, while provinces may add their own sales taxes. Always check the specific regulations in your area for the most accurate information.
Mahesh C. Purohit has written: 'Sales tax and value added tax in India' 'Road map for national and sub-national VATs in India' -- subject(s): Congresses, Value-added tax 'Structure and administration of sales taxation in India' -- subject(s): Sales tax, States
sales tax sales tax!
The United States has a progressive tax method. This means that the more your earn to more tax percentage of your income you pay. This is a dangerous type of taxation in that we are approaching a time when almost 50% of the population pay no income taxes at all.
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.