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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.
3,209 Questions
What is the tax rate percent in Hawaii?
The tax rate in Hawaii varies depending on the type of tax. The general excise tax rate is 4%, but can be higher in certain counties. The personal income tax rates range from 1.4% to 11%. The property tax rate also varies by county.
When did the provincial sales tax come into effect for Manitoba?
Introduced in 1967 but went into effect early 1968.
What civilization used a labor tax in order to complete work projects?
Ancient Egypt used a labor tax system known as "corvée labor" to complete various public works projects, such as building pyramids, temples, and irrigation systems. This system required citizens to contribute a certain amount of labor each year to fulfill their tax obligations to the state.
Dr. Francis Townsend was the physician who proposed a national sales tax in 1930 to support the elderly. He developed the Townsend Plan, which gained popularity during the Great Depression as a way to provide economic security for older Americans.
What is the value of a Consumer's Tax Token Oklahoma for old age assistance?
Consumer's Tax Tokens from Oklahoma were issued during the Great Depression era and were used to pay state sales tax. Today, these tokens are considered collectibles and their value can vary depending on factors such as condition, rarity, and demand. For a specific value related to old age assistance, it is recommended to consult with a professional appraiser or check online auction sites for recent sales data.
What are types of State taxes in the United States?
In the United States, States have taxes on a number of items. Below is a list of taxes that States have created. Not all States have all the taxes listed:
* personal income;
* sales taxes;
* corporate taxes;
* gasoline taxes; and
* property taxes.
What type of tax is paid by the consumer when a product is purchased?
The type of tax paid by the consumer when a product is purchased is typically a sales tax. This tax is added to the total cost of the product at the point of sale and collected by the seller on behalf of the government.
The percentage of the total price that must be paid at the time of purchase of a stock is called the margin requirement. This requirement is set by brokers and represents the minimum amount of equity that investors must contribute towards the purchase.
Can you charge sales tax on a newspaper?
Sales tax laws vary by location, but in many cases, newspapers are exempt from sales tax. This exemption is often based on the principle that newspapers provide essential news and information to the public. It's important to check the specific regulations in your jurisdiction to determine if sales tax applies to newspapers.
Are newspapers exempt from sales tax during a purchase in the state of Georgia?
are newspapers sales tax exempt in Georgia
What is the sales tax rate for DuPage County Il?
The sales tax rate for DuPage County, IL is typically around 7.25%. However, rates can vary slightly depending on the specific location within the county.
What is the sales tax rate for Savannah GA?
'Sources and related links' below has the current rate. It was 7% at the time of this post.
Robert bought a used car for 1500.00 if the sales tax is 5 what will be the total to pay?
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
What is sales tax rate for wine in lake county IL?
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?
The current total local sales tax rate in Raleigh, NC is 6.750%.
How much is tax on Florida groceries?
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.
Is there tax on pet food in MA?
In Massachusetts, pet food is generally exempt from sales tax. This exemption applies to food for household pets, including dogs and cats. However, other pet-related products, such as toys and grooming supplies, may be subject to sales tax. Always check the most current state regulations or consult a tax professional for specific situations.
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?
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?
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?
Because Oregon does not have a sales tax at all, period that's why.
What states do not charge food tax?
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?
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.
