Search results
Results From The WOW.Com Content Network
When buying an automobile, if one trades in a car, the state deducts the price of the trade when calculating the sales tax to be paid on the automobile (e.g., purchasing a $40,000 car, and trading a $10,000 car, a person would be taxed on the difference of $30,000 only, not the full amount of the new vehicle).
But if the original sales price plus the improvements add up to $8,000 and you sell the car for $10,000, you'll have to pay capital gains tax on your $2,000 profit. How to Avoid Paying Tax on a ...
After further investigation in 2001, it was determined that the North Shore Towers was one of four zip codes that were mistakenly charged a Nassau County sales tax of 8.5% instead of the New York City sales tax of 8.25% because the zip codes cross the city line. Residents argued that New York City should receive their tax dollars and not Nassau ...
Use tax, imposed directly on the consumer of goods purchased without sales tax, generally items purchased from a vendor not under the jurisdiction of the taxing authority (such as a vendor in another state). Use taxes are commonly imposed by states with a sales tax but are usually enforced only for large items such as automobiles and boats. [6]
This article was updated on Oct. 17, 2014. All 50 states make different choices about where they get the tax revenue they need in order to provide the services their residents need and demand.
Last year, South Carolina shoppers bought more than $24.5 million in tax-free items during the sales tax holiday. “With the increased cost of living, this year’s Sales Tax Holiday is a welcome ...
The information on the website includes consumer names and street addresses, obtained via FOIA requests and other public records; City-Data has an opt-out feature [1] to break the web-visible association between names and street addresses, but does not remove the consumer names themselves.
A 1974 postage stamp encouraging people to use the ZIP Code on letters and parcels. A ZIP Code (an acronym for Zone Improvement Plan [1]) is a system of postal codes used by the United States Postal Service (USPS).