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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
gross sales tax is the tax you pay on total receipts/sales. basically you can't deduct any expenses before you pay the tax.
Is a sales purchase taxed on the total of all items or each item?
Tax is on each item, although it usually (see bottom for exception) doesn't matter because of the distributive property of multiplication. For example, if you bought a rubber duck for 3 dollars, a bottle of shampoo for 5 dollars, and a bathtub for 500 dollars, and tax was 8.1 percent it the total would be the same either way. Here's the math:
1.081(3)+1.081(5)+1.081(500)=1.081(508)
3.243+5.405+540.5=549.148
549.148 = 549.148
One exception: If the items have different taxes on them (for example, if you bought prepared food as well as retail items), it would matter because they couldn't be taxed altogether. This is why items are TECHNICALLY taxed separately; however, most of the time a cash register or the bill will show the tax being applied at the end, since most of the time all items have the same tax on them.
What is sales tax rate in Shelby county Alabama?
It can be difficult to calculate sales tax in Shelby County. Sales tax is computed at the point of sale (like a person buying something at a store) or computed for the delivery address, ex. shipped merchandise.
There is a 4% Alabama state sales tax and a 1% county sales tax in Shelby county. Any additional tax is based on the city. Sales tax is 'generally' 9% for most of the county, since most of the county is within the city limits of a city. However, for unincorporated areas (i.e. not within the city limits of ANY city) there is no city tax, obviously. In this case, the tax would simply be %5 (AL standard 4% + Shelby County 1%)
Note: You cannot use ZIP code as a method of computing the tax rate; sometimes it works, most of the time it doesn't. For 35040 (Calera) it would work, since Calera has no city tax (at least the last I checked, anyway). However, 35178 (Vincent), which you would think would be simple due to the smaller population, is a nightmare. The 35178 (Vincent) ZIP code spans not only multiple cities and unincorporated areas (out of city limits) but multiple counties as well. You practically have to get down to the street level to figure the correct tax for this ZIP. When in doubt, contact the county tax collector's office.
As you can see, there is no simple answer. Sorry!
Should you collect sales tax on gratuities in Ohio?
if a country club routinely adds 20% on top of meal charges, to cover a service gratuity, which it states may be objected to by the customer, isn't the addition to such a charge of an additional sales tax charge, not correct according to Ohio state law?
In Georgia do you have to pay sales tax on an Internet purchase of a motorcycle?
Yes you do. You also have to if your car is the red colour of sin.
You have to understand that taxes are not the rule, but the exception. They are not universal and then repealed, but created out of need. Likely, in a bygone era when people really cared about what the government did, the poor people would have protested to no end a tax on foodstuffs. When a loaf of bread is a nickle, you really don't want even a cent's tax. The wealthy, however, wouldn't mind too much a tax on dining out, which of course, would have been a luxury then. It is typically the pattern anywhere to tax the wealthy most.
If you buy a car in Medina County and live in Cuyahoga do you pay Medina or Cuyahoga sales tax?
You always pay taxes for the county the business is in not the one you live in.
Do temporary food concessions have to charge sales tax?
yes, but only if they really really want too.
What is sales tax rate for Phoenix AZ?
'Sources and related links' below has the latest rate. It was 9.3% when this was posted.
Can warranties for appliances be taxed?
Presumably you mean the extended warranty or something like a pre paid service agreement on your home appliances, rather than the included in sales price one you get with the initial purchase.
Yes, they are taxable many place, depending on the State laws.
Can states collect taxes on Internet purchases?
Hope not I've been taxed, and yet bought nothing on the internet.
What is the sales tax for Barrington Illinois in Cook County?
what is the sales tax on a used car in barrington illinois
What is the sales tax in zip code 80111?
The 80111, Englewood, Colorado, general sales tax rate is 2.9%.
Are warranties subject to sales tax in North Carolina?
Fees charged for optional maintenance contracts that are separately stated and charged on the customer's invoices are not subject to sales and use tax. Such agreements constitute the furnishing of services and not the sale of any tangible personal property transferred or consumed in fulfilling the agreements. However, parts and supplies used by a company to fulfill the optional maintenance agreements are subject to state and local use tax. Charges for maintenance agreements that are mandatory are subject to sales and use tax.
[North Carolina Tax Review Board Decision, Dkt. No. 2002-410, 3-18-2003; North Carolina Sales and Use Technical Bulletin 34-16, 03/01/2007 ; North Carolina Sales and Use Technical Bulletin 34-17, 03/01/2007 .]
A tax paid for income taxes is a percentage of total income. Tax varies by how much income a person has. Tax is also paid on items sold in many states. The buyer pays a percentage on average of 7% on purchases. Gasoline, cigarettes, and liquor are taxed differently. Groceries are taxed in some states and not in others.
What is gujarat's sales tax rate without 'C' form?
the tax rate without c form is equal to the VAT rate in the state.
in this case the CST rate without C form will be (12.5% + 2.5%=15%)
As per Gujarat Government sales tax web site the CST charge without form "C" is 10% of as equal to local vat which is higher.
hoping this answers your query.
What is the sales tax in Houston tx?
At the time of this post it was 8.25%. See 'Sources and related links' below for the current rate.
Can a plumber charge tax on labor?
Not necessarily. They should charge tax on any materials they used, however in most places labor is not taxed. It will depend on your local laws - but usually they should not charge tax on labor provided.
What is the sales tax rate for Crystal Lake Illinois?
'Sources and related links' below has the latest rate. It was 7.75% when this was posted.
If you are a caterer who specializes in cooking and serving meals in the client's house, you are providing on premise catering. Off premises catering is where food prepared elsewhere is delivered to the client's chosen location.
How much is sales tax on used mobile home in wi?
As in many US States, the Wisconsin Tax laws are very complex. (I would not find it hard to believe that they hired a coven of lawyers just to make their tax laws mysterious to us regular folks)
-Here is a website you should read: -
http://www.revenue.wi.gov/pubs/slf/pb075.pdf
Sales tax exemptions for purchases shipped outside your home state?
TECHNICALLY: If the items are purchased for resale then yes, if you hold a current / valid sales tax license in your home state (or the other state) then yes. If the items being purchased are for personal use... no. There are blanket exemptions in most states, for example if the user is a farmer and the item being purchased are going to be used directly in the production of a crop... Check your state Department of Revenue / Division of Taxatioon / Etc's website for sales tax exemption certificatee, or blanket exemption forms. The instructions will indicate what they cover. For more information, most states have a pamphlet that covers their sales tax regulations and they are usually available on their websites.
