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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

Can a paint store in Iowa accept a Missouri sales tax number?

I'm pretty sure it can. I worked at a wholesale wheel warehouse in St Louis, MO once & we only sold to businesses with an automotive related tax ID number & some of the orders were shipped to businesses in Illinois.

What is the sales tax on cars in Peoria Arizona?

The current total local sales tax rate in Peoria, AZ is 8.100%.

Is 60000 inherited taxable?

The amount of taxable inheritance depends on the entire estate. If the amount of the estate that the 60,000 was inherited from is over 2 million dollars then the income is taxable. If the estate was worth less then that then there are no taxes on the estate.

What is sales tax for zip code 60641?

The 60641, Chicago, Illinois, general sales tax rate is 6.25%.

What is the Florida sales tax on liquor?

The sales tax on liquor in Florida is $6.50 per gallon liquor. In the United States of America each state has a different tax on alcohol or cigarettes.

What is the zip code and sales tax rate for Manhattan?

Manhattan has about 50 different zip codes. The sales tax in New York City is 8.875% as of 2013. There is no sales tax on clothing or footwear under $110.

What does the Profit and Loss statement indicates?

The statement of profit and loss follows a general format that begins with an entry for revenue and subtracts from revenue the costs of running the business, including cost of goods sold, operating expenses, tax expense and interest expense. The bottom line (literally and figuratively) is net income (profit).

Why is Delaware tax free?

fat people need all the food they can get and need a lot more clothing than normal people

Is sales tax on labor applied in NY for Painters?

I own a house painting company in N.Y state. Yes, a legitimate painting contractor is suppose to charge NYS Sales Tax on labor and materials that pertain to any interior or exterior painting. If the painter is working for a non profit organization, the organization must show a tax exempt certificate to the contractor and then there would be no sales tax. If the project is a capital improvement which would primarily be the painting of new construction then the property owner is responsible to provide the painting contractor with the proper documents and tax will not be charged. NYS requires a painting company to charge sales and use tax on all labor and material that are involved in the painting/coating/staining of pre-existing surfaces. There are many painters in NYS that are working illegally and dont charge sales tax. Illegal painting company's should not be hired, if they are not paying sales tax they are probably not licensed and probably have no insurance.

-Thomas Kellogg

Kellogg's Painting Company

www.kelloggspainting.com

Painting homes and business in the Hudson Valley and Catskills, New York areas.

What are the WEALTH tax rates in Pakistan for 2010?

Wealth Tax has been abolished in Pakistan since 2002.

How do you add a 7.75 sales tax to a price of an item that cost 130.00?

The tax on that is going to be about $10 dollars and 1 cent. $10.01 130 multiplied by .0775 = 10.075. They're gonna round up, so $10.01

What is the sales tax rate for McHenry county Illinois?

7% at the time of this post. 'Sources and related links' below has the current rate.

What is the tax on 135.00?

It would depend on whether the 135.00 is income or if not, it would be taxed according to your state laws on sales tax.

Is a probate proceeding following death of mortgagor a transfer under the due on sale clause?

Probably. The secured lender will either want to be paid off by the estate, or obtain a novation of the promissory note by the heir who is the new owner of record (and a new mortgage), or foreclose against the estate.

Do you have to pay sales tax on items sold at an auction?

Yes ... the taxes are not "forgiven" just because the house got placed on the auction block. But with that fantastic price you got that house for, surely paying the back taxes will be a piece of cake.