Ad
related to: texas motor vehicle sales tax rate
Search results
Results From The WOW.Com Content Network
The average sales tax in Texas amounts to 8.25 percent. The state determines the items subject to sales tax, which all other entities must follow. Motor vehicle sales are subject only to the 6.25% state sales tax. Food, except for prepared food, and non-prescription medicines are among the major items exempt from sales tax. [citation needed]
You must pay vehicle sales tax when you buy a used car if you live in a state that has sales tax. However, you do not pay that tax to the car dealer or individual selling the car.
The vehicle sales tax is a tax imposed by city and state governments on the purchase of the car. The rate can vary from state to state and in some instances from county to county.
Prepared food, over-the-counter medications, and medical marijuana are subject to sales tax. The sale or lease of motor vehicles for use on the road incurs an additional 0.3% tax, rental of a car for less than 30 days has an additional state/local tax of 8.9%. [211] When renting a car for less than 30 days in Seattle, the total sales tax is 18. ...
subject to local sales tax Hawaii: 50.17: 50.81: also subject to county tax of 8.8-18.0 cents and additional sales tax Idaho: 33.00: 33.00 Illinois: 39.2 [9] 46.7: Also subject to 6.25% state sales tax and varying local and municipal sales taxes. [10] Interstate carriers are subject to interstate motor fuel use higher taxes. [11] Indiana: 51.1 ...
For premium support please call: 800-290-4726 more ways to reach us
Statewide property tax −0.131 Motor vehicle sales tax −0.142 Corporate franchise tax −0.145 Motor vehicle registration tax −0.147 General sales and use taxes −0.175 General property taxes −0.178 Local taxes only −0.178 Residential property taxes without impact of property tax refunds −0.180 Motor fuels excise tax (gas tax) −0.253
Because the rate of a sales tax does not change based on a person's income or wealth, sales taxes are generally considered regressive. However, it has been suggested that any regressive effect of a sales tax could be mitigated, e.g., by excluding rent, or by exempting "necessary" items, such as food, clothing and medicines. [21]