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Currently, the majority of Utah's aggregate sales taxes are in the range of 6.1 – 8.35%. Utah has a 16.350% sales tax on rental cars in Salt Lake City. [192] The sales tax on food and food ingredients is 3.0% statewide. This includes the state rate of 1.75%, local option rate of 1.0% and county option rate of 0.25%.
Tax exemption is the reduction or removal of a liability to make a compulsory payment that would otherwise be imposed by a ruling power upon persons, property, income, or transactions. It is an amount taken way from a taxpayer's taxable income.Tax-exempt status may provide complete relief from taxes, reduced rates, or tax on only a portion of ...
However, there are some instances where the sales tax rate and the use tax rate vary. For example, a resident of Massachusetts, with a 6.25% "sales and use tax" on certain goods and services, purchases non-exempt goods or services in New Hampshire for use, storage or other consumption in Massachusetts. Under New Hampshire law, the New Hampshire ...
Hundreds of items are tax-free in Texas this weekend. ... But relief is coming in the form of a tax-free holiday the first weekend of August. The tax exemption can be used for items such as ...
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The tax rate cap of 6% is now part of the state's constitution. There are six tax brackets for the 2023 tax year, and the current top rate in Georgia is 5.75%. However, the state is moving to flat ...
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