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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

New car sales tax in New Mexico?

What is the new car sales tax in new mexico?

How much sales tax would be on 385 dollars at a 6sales tax?

If my math is correct, it would be 23 dollars? 385.00 x 0.06 - since 6c is essentially "six cents on every dollar"?

Who pays sales tax on a totaled vehicle value?

No One Does.. You paid sales tax when you bought the car. Not when your compensated for it's loss. That would constitute Double Taxation.

Whats the sales tax for California?

The rate varies by city. See 'Sources and related links' below for the rates.

What percent of 126 is 22?

126 is 100 percent. 126/100 = 1.26 is 1 percent. The number 22 is 22/1.26 = 17.46 percent from the number 126.

What is the difference between service tax and sales tax?

Service Tax is levied by service organisation like hotels whereas sales tax is added to the cost of goods and collected when goods are sold. Both are collected by the Govt.

What is the sales tax percentage on purshases in El Paso TX?

It was 8.25% when this was posted. Check 'Sources and related links' below for the current rate.

What does GST stand for?

Goods and Services Tax of 10% in Australia since 2000 when buying any Goods or Services except fresh food.

So on a $15 main course in a restaurant you pay an extra $1.50.

On $15 worth of fresh meat, vegetables, bread etc, you pay no tax.

thank you :)

Where does sales tax go?

i goes to the government which they take it to the army

Do you pay sales tax on cabinets in Florida?

As a CPA & Attorney that specializes in sales tax, you can take this answer to the bank.

If you are selling and installing cabinets, then you are NOT allowed to charge sales tax to your customers. You are improving real property and it is outside the scope of sales tax. However, you have to pay USE TAX on your "cost price" of materials and shop labor (not field labor). It is complicated, but you should build in the use tax into your bid, but you may not charge sales tax as a separate line item to your customers. Any customers you charge sales tax in this type of job will be entitled to a right to a refund of the sales tax.

If you are merely selling the cabinets (without installing), then you have to charge sales tax unless the customer can provide you with an exemption certificate from the FL DOR (such as a church).

If you are merely installing cabinets (without selling the cabinets), then there is no sales tax. Installation labor is beyond the scope of sales tax.

If you have been handling this wrong, then I'd be glad to discuss how to correct the matter in the past and going forward. JamesSutton@FloridaSalesTax.com or www.FloridaSalesTax.com.

What sale tax rate do you pay for A NEW CAR?

In general you pay sales tax in the state where you live, not the state where the car was purchased. Thus, you cannot avoid paying sales tax on a car by going to a no-tax state like Delaware as your state of residence will require the tax to be paid before you can register it.

How is state sales tax money used?

The state sales tax goes to the state's budget. Some states have specific laws as to how it is used, for instance it may be earmarked for educational purposes, or it may be for Safety services.

Do photographers need to charge sales tax for services in Wisconsin?

Yes. You can call the WI department of revenue for questions, and they also have their current reculations here: http://www.legis.state.wi.us/rsb/code/tax/tax011.pdf

Photography is code 11.47, so you have to scroll down to find it.

Lake county Illinois sales tax?

The sales tax in Lake County, Illinois depends on the area of the county. Some areas have 7% sales tax, while others have 8%.

How much is auto sales tax in New Mexico?

Multiple dealers have confirmed with me that the sales tax on automobiles is 3% in New Mexico. It is not the same as the general sales tax.

What is GST tax?

GST or Goods and Services Tax, is a tax which combines various indirect taxes being charged by Central and State governments, which resulted in multiple receipts/payment/compliance being needed for multi-state business.

GST is a comprehensive indirect tax on manufacture, sale and consumption of goods and services throughout India (Except state of Jammu and Kashmir), to replace taxes levied by the central and state governments

What is the current sales tax rate in Chicago?

It was 9.5% at the time of this post. See 'Sources and related links' below for the latest rate.

When were federal taxes started?

Federal income taxes started in 1861 but this lapsed after the American Civil War. In 1913, federal taxes came back and have been in place since then.