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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

How much sales tax would you pay to purchase a new bicycle that costs 429 if the sales tax rate is 5.2 percent?

5.2 percent sales tax means you multiply by 0.052. So 429 * 0.052 = 22.308, which rounds to 22.31 (nearest cent), and the total price is 429 + 22.31 = 451.31

Do you pay tax on sale of deceased mothers house?

That depends on a couple things: what taxes do you mean? estate or property taxes?

Most states have property taxes, which must be paid regardless of the status of the owner.

In 2010, the estate tax was repealed. So, no taxes should be due on the home to transfer it to your mother's heir(s).

IRAs in an estate would be handled differently, since the income is tax deferred.

Complicating things slightly: if you inherited the house but didn't sell it immediately, you would have to pay a capital gains tax on the increase in the value of the house. Your "basis" in the house would be its value at the time you inherited it; you subtract that from what you sold it for, and pay tax on the difference. If you inherited it 15 years ago, that could be substantial.

How much sales tax in Seattle?

"Sources and related links" below has the current rate. It was 9.5% at the time of this post.

How much registration fee for service tax?

Service tax department charges NIL fees

But there are hidden fee normally ranges from 3000-4000.

What is the sale tax rate in Massachusetts?

It was 6.25% at the time of this post. See 'Sources and related links' below for the current rate.

What is sales tax in 85741?

Tucson (zip 85741), AZ,sales tax rate was 9.10% at the time of this post ('Sources and related links' below has the current rate). Income tax is 4.79%.

How can you find sales tax rate?

Look in 'Sources and related links' below for resources that can will help you locate a sales tax rate.

298 with a 6 percent sales tax is what?

IF you mean 6% is added on to the original figure - that's 315.88

IF you mean what is 298 before 6% sales tax is added - it's 281.13

Are bibles tax exempt in Texas?

Yes, religious literature such as Bibles are generally considered tax-exempt in Texas as they are often classified as items used for religious or charitable purposes. However, this may vary depending on the specific circumstances and local tax laws, so it's best to consult with a tax professional for accurate advice.

Do you have to pay California sales tax on the restocking fee?

It depends.

If the restocking fee is a percentage of the sale price then the percentage will be taken from the total sale, including the tax. In other words you refund will include a prorated portion of the tax.

If it is a fixed amount such as $20 then it must exclude tax or the retailer will be in violation of the tax code and be liable for the full amount taxed on the sale regardless of lesser refunded amount.

If you are returning a defective item the retailer may elect to refund the tax. Although it is not a requirement, the retailer may not keep the taxes collected as profit.

Why doesn't Oregon have a sales tax?

because it is a stupid thing to have in a state when things cost to much already.

What Is the sales tax on vitamins in NJ?

Vitamins and other supplements are not taxable in the state of New Jersey

What is the tax on a 7.40 item if the sales-tax rate is 8 percent?

59 cents ;]

Explination: simply multiply $7.40 and 0.08 together to find you tax. Hope this helped!

How to calculate sales tax in Arkansas?

it is the dollar amount X 1. then the local tax for sales like in Michigan is .06 so i would multiply the 10 dollar shoe i sold times 1.06 to get my grand total.

What is the sale tax phoenix Arizona?

9.3% when this was posted. See 'Sources and related links' below for the current rate.

What is the sales tax when a car is transferred into Louisiana from another state?

There is no sales tax involved in transferring a car. However, If you purchase it in Louisiana, you have to pay their sales tax.

What is 35.00 dollars plus 8.25 sales tax?

35.00 dollars + 8.25% = 35.00*1.0825 = 37.8875 = 37.89 dollars.

What are the seven issues facing the mankind today?

poverty,calamity,criminology,astrology,mythology,biology,zoology