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Decatur has a 9% total sales tax in most of its city limits, but has a 10% total sales tax in the small portion of the city that is in Limestone County, due to the higher county tax. The highest sales tax in Alabama is Flomaton, with a sales tax of 11%. [55]
Wholesale sales tax, a tax on sales of wholesale of tangible personal property when in a form packaged and labeled ready for shipment or delivery to final users and consumers; Retail sales tax, a tax on sales of retail of tangible personal property to final consumers and industrial users [3] Gross receipts taxes, levied on all sales of a ...
Many cities, counties, transit authorities and special purpose districts impose an additional local sales or use tax. Sales and use tax is calculated as the purchase price times the appropriate tax rate. Tax rates vary widely by jurisdiction from less than 1% to over 10%. Sales tax is collected by the seller at the time of sale.
Unless you’re lucky enough to live in a state with no sales tax, you pay a percentage on nearly all of the items you purchase.
However, Nevada, Ohio, and Washington impose a gross receipts tax while Texas has a franchise tax based on "taxable margin", generally defined as sales less either cost of goods sold less compensation, with complete exemption (no tax owed) for less than $1MM in annual earnings and gradually increasing to a maximum tax of 1% based on net revenue ...
An ongoing heat wave is moving east, threatening states from Maine to Texas. Abilene, Waco and San Antonio are under excessive heat warnings, according to the National Weather Service. San Antonio ...