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Here’s how to calculate how much you’ll pay in sales tax on a product. Use the following sales tax formula: sales tax = list price x sales tax rate (as a decimal) For example, Sarah is ...
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%.
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For example, Alabama has a fairly low 4% state sales tax rate, but it also has the highest average local sales tax rate at 5.10%. Depending on the city district, the local sales tax in Alabama ...
A sales tax is a tax paid to a governing body for the sales of certain goods and services. Usually laws allow the seller to collect funds for the tax from the consumer at the point of purchase. When a tax on goods or services is paid to a governing body directly by a consumer, it is usually called a use tax. Often laws provide for the exemption ...
Franchise tax. A franchise tax is a government levy (tax) charged by some US states to certain business organizations such as corporations and partnerships with a nexus in the state. A franchise tax is not based on income. Rather, the typical franchise tax calculation is based on the net worth of or capital held by the entity.
The sales tax holiday begins at 12:01 a.m. on Saturday, April 27, and ends at midnight on Monday, April 29. There’s no limit on the number of qualifying items you can purchase. These include ...
Houston (/ ˈ h juː s t ən / ⓘ; HEW-stən) is the most populous city in the U.S. state of Texas and in the Southern United States.Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the seat and largest city of Harris County; as well as the principal city of the Greater Houston metropolitan area, which is the fifth-most populous metropolitan statistical area in the ...
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