Topic: History of Sales Tax
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Answers to Common Questions
How to Figure Sales Tax?
Sales tax is calculated at a percentage rate set by a state. Bear in mind that counties and municipalities also may have an additional sales tax on top of the state tax. You can sometimes buy sales tax charts at a local office supply store. Read More »
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What is the Sales Tax in Hawaii?
Hawaii does not have a sales tax but it does have a excise tax which applies to every type of transaction including services. The tax is typically charged to the business rather than consumer. Read More »
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What is the Sales Tax in Utah?
Utah has a pretty nice sales tax especially when you compare them to New York or California. Utah collects a whopping 4.65% from goods sold. About half of what New Yorkers pay. Read More »
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More Common Questions
Answers to Other Common Questions
The state sales tax in Wisconsin is set at 5 percent. However, most of the counties also charge a 0.5 percent county sales tax, effectively making the tax 5.5 percent.
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The sales tax rate in Connecticut is six percent flat rate. There are no local taxes on top of the state rate, and most non-prepared foods are not taxed. For more information, look here: http://en.wikipedia.org/wiki/Sales_taxes...
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California has one of the highest sales tax rates in the United States, at 8.25 perent. Some California jurisdictions also add a local tax, which can raise the tax to 10.75 percent. For more information see here: http://en.wikipedia.org/wik...
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The sales tax in Ohio like every state can vary from county to county. You will either need to know the county or the zip code for correct tax. When you do find the sale tax it will include both the county and state tax. You can find more i...
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The state designated sales tax rate in Texas is 6.25%. However there are provisions for local cities and special authorities to be able to charge up to an additional 2% sales tax. The combined tax rate depending on your location in the stat...
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Sales tax is different in almost every state, but to calculate tax on a purchase you simply take the full purchase price and multiply it by the amount of tax in your area.
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The purpose of sales tax is to provide an extra source of income for the government. The government can use this income to provide a variety of resources for the public!
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