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.
3,209 Questions
((4100 -3450)/4100) x 100
What kinds of goods are often exempt from sales taxes at the state level?
spideris says it is clothing!!
Yes and no.
It depends on your situation. If you are a business, for example, and you are in construction, if you paid sales tax on lumber, you don't have to collect it from the end user. If you bought the lumber with a reseller's permit, you didn't pay taxes, so you need to collect it from the end user.
If you routinely hold garage sales, you would have to collect sales tax on the items, even though they have already been taxed at purchase.
Think of a vehicle in CA - it is taxed each time it changes owners, regardless of who paid the original tax.
How much sale tax in Tucson Arizona?
You can find the current rate in 'Sources and related links' below. It was 9.1% at the time of this post.
What type of tax is wealth tax?
The assets owned by a private person are subject to wealth tax, when the assets are transferred to the beneficiary. The wealth tax are used by the state in order to redistribute wealth in society . In the UK, at different times , it was called variously: the estate duty, tax on transfer of capital (capital transfer tax) and currently existing inheritance tax . Assets ( real estate, stocks , bonds, etc. ), the value of which does not exceed 250 thousand , are not subject to taxation . The wealth tax is charged on the basis of a flat tax rate of 40% with the assets whose value is above of 250 thousand.
What is the sales tax 8 percent on a car priced at 24000?
The total tax is $1,920.00 and the total price with tax is $25,920.00
What is Philadelphia sales tax?
'Sources and related links' has the current rate which was 8% at the time of this post.
