answersLogoWhite

0

🤝

Sales Tax

Sales tax is a consumption tax levied upon purchase of a particular service or goods. The taxable amount is determined after applying the percentage rate to the taxable price of the goods or service.

500 Questions

Robert bought a used car for 1500.00 if the sales tax is 5 what will be the total to pay?

User Avatar

Asked by Wiki User

A tax of 5% on a principal of $1500.00 can be calculated by:

$1500 * 0.05 = $75

where 5% = 0.05.

So the total price would be the principal plus the tax:

$1500 + ($1500 * 5%)

= $1500 + ($1500 * 0.05)

= $1500 + $75

= $1575

Does Michigan impose a sales tax on food?

User Avatar

Asked by Wiki User

Yes they do, they have sales tax on everything else

What is sales tax rate for wine in lake county IL?

User Avatar

Asked by Wiki User

The sales tax rates are as follows as of Jan, 2009:

State Sales Tax 6.25%

Cook County 1.75%

RTA Tax 1.00%

Total 9.0%

Restaurants within the city limits of Chicago add:

City of Chicago 1.25%

Restaurant tax 0.25%

Total: 10.50%

Restaurants within downtown Chicago must also add:

MPEA Pier Tax 1.00%

Total: 11.50%

What is the sales tax on furniture in North Carolina?

User Avatar

Asked by Wiki User

The current total local sales tax rate in Raleigh, NC is 6.750%.

How much is tax on Florida groceries?

User Avatar

Asked by Wiki User

While no one likes taxes, virtually all places that have a sales tax, while they may not tax food as a special exemption, do tax sales of just about any tangible personal property or service, which includes meals. When exactly food becomes a meal is sometimes weird (for example, in many places, a pre-made sandwich at in a supermarket is food, but the exact same one made custom is a meal. One roll is a meal, but 6 or more is food, etc.). Clearly, something like fast food (or a restaurant dinner) is a meal and subject to the tax - again, almost everywhere.

A sales tax on food items?

User Avatar

Asked by Wiki User

In Texas, food products are exempt from sales tax. Only fast food is taxed. The basic rate in Texas is 6.25%. Other taxing entities, like municipalities can add on to this for a maximum rate of 8.25%.

Is there sales tax on food in NY?

User Avatar

Asked by Wiki User

The Arizona Iced Tea company makes a Sweet Tea that is available in New York (as well as most other places in the U.S., I would imagine).

What is the New York State sales tax on liquor?

User Avatar

Asked by Wiki User

It would depend on which city, township, village, etc., you are talking about in NJ. NJ notoriously makes it extremely difficult to get liquor licenses by making the approval process difficult (and costly) and generally speaking they can be in the several hundred thousand range.

Why is there no tax on food items?

User Avatar

Asked by Wiki User

Because Oregon does not have a sales tax at all, period that's why.

What states do not charge food tax?

User Avatar

Asked by Wiki User

Rhode Island, Arizona, and Michigan are three states that do not have a sales tax on food.

Nebraska, California, and Minnesota have no sales tax on food.

Does California charge sales tax on take out food from restaurants?

User Avatar

Asked by Wiki User

Yes. And this becomes very confusing because some places do, and some do not. Like Starbucks vs. Coffee Bean.

It's a good question, and the answer is yes, they do, because in general they must, but some places like Coffee Bean don't, and that's what makes it confusing.

Here's why they tax. Nowadays in California, all hot and prepared food is taxable if 80% of the merchant's sales are food and beverages and 80% can be possibly consumed on site, with tables, chairs, whatever.

But there is an exception for to-go hot food, bakery products and some cold foods that Coffee Bean takes advantage of. If the merchant petitions the Board of Equalization taxing authority, they don't have to charge sales tax on these items as long as they keep records and charge separately for the items. That's why at Coffee Bean they always ask you at the counter "for here or to-go?"

Starbucks does not exempt items from sales tax and they don't have to if they don't want to-- they also include the tax within the price of the coffee or beverage.

I visit Starbucks at Target. My drink costs $2.14, when I say to go, the drink is $1.95. Apparently when a Starbucks is located in Target you don't have to pay sales tax on drinks to go. Starbucks is ripping the consumer off by not making this fact known. 99% of ttheir customers get their drinks and leave, eg., to go. The employees have told me that Satrbucks told them not to tell the consumer this.

What is the current NY state dutchess county sales tax rate?

User Avatar

Asked by Wiki User

" The effective sales tax rate in Nassau dropped on June 1, when the combined state and county rate was reduced to 8.625 (8 ⅝) percent from 8.75 (8 ¾) percent."


http://www.nassaucountyny.gov/agencies/Comptroller/NewsRelease/2005/6-09-05.html

What is the tax on food in a restaurant in DuPage county?

User Avatar

Asked by Wiki User

Dupage County Liquor Tax

How much is the sales tax on restaurant food in Texas?

User Avatar

Asked by Wiki User

Texas has a constitutionally mandated maximum sales tax of 8.25%. Individual counties are allowed to set their sales tax rates wherever they like, but cannot exceed the 8.25% cap.

What is 21.95 with a 4.25 percent sales tax?

User Avatar

Asked by Wiki User

The total tax is $2.30 and the total price with tax is $44.15

Does Pennsylvania have a sales tax on restaurant food?

User Avatar

Asked by Wiki User

Yes it does. It's usually 6% on food. It also depeneds on which area you are in, because that tax can go up to 8% or even down to 1%

Is there sales tax on pre owned video games at GameStop?

User Avatar

Asked by Wiki User

This is dependent on location. Every store has a different tax

Where can you sell old sales tax stamps?

User Avatar

Asked by Wiki User

eBay is a common method of selling old stamps. They can be listed individually or as a set or group. It helps if you can accurately identify the stamps. Check the local directories for stamp dealers in your area. These are commonly referred to as BOB or Back of Book stamps and many collectors specialize in specific types.

What is the value of a Alabama sales tax token?

User Avatar

Asked by Wiki User

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.