Questions tagged [sales-tax]
For questions relating to taxes collected on the sale of goods and services. In most cases, a country, region, or state/province tag should be included as well.
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Is it better to get a resale certificate or register an LLC in CA?
I would like to sell my 3D printed items on Amazon, Etsy, eBay, Shopify, etc. I recently discovered that I can avoid paying taxes when purchasing raw materials or business equipment by obtaining a ...
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Sales tax calculation algorithm
I need to code a tax calculation algorithm for a project.
What is the correct algorithm for calculating sales taxes on an sales receipt?
Given a sales receipt with 3 items (A,B,C) and a 4 taxes (W,X,Y,...
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Is it correct to charge sales tax on fee imposed by car-rental company?
On what amount should local and state taxes be computed, on the base rental price alone or after having added to it all the rental company-imposed fees? In other words, does one need to pay taxes on ...
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What's the cheapest way to buy out a sibling's share of our parents house if I have no cash and want to pay less than the appraised value?
My mother passed away, leaving 75% of her house to me and 25% to my sister, setting this up as a trust. The house was appraised at $944K, based on the time of my mother's death (November 2022).
I want ...
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Are Colorado TABOR refunds taxable as federal income, if a state sales tax deduction was taken previously?
Colorado has a law called TABOR that, in years when the state government has more revenue than predicted, allows every taxpayer to claim a refund. This is done with a line item on the state income ...
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Are Colorado Cash Back payments taxable as federal income?
In 2022, the state of Colorado issued a special $750 "tax refund" payment, popularly called "Colorado Cash Back", to every taxpayer in the state (pursuant to SB 22-233). It was ...
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Walmart wrongfully collecting taxes, what can I do?
I purchased a few grocery items and went to pay for them. A couple jars of pickles, a bag of oranges and a bag of apples… when it was time to pay, I used a EBT card and then was told I owed still $4....
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Is it legally required to show US-Customers the tax inclusive amount at checkout?
I am developing an auction site also for use in the US Market. Obviously the seller needs to pay the appropriate taxes but I wonder if I can show the customers' prices with tax included.
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Can I get sales tax refunded after shipping my vessel abroad from Florida?
I recently bought a vessel and I want to ship it overseas from Florida USA.
I was told that I will be able to get my sales tax refunded if I make copies of it's title and bill of lading, then send the ...
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Sales tax on inventory consumed during R&D
I'm considering setting up a sole proprietorship to sell kits (electronics and crafting) that I design. It's my understanding that, in most cases, I would be able to get a exemption certificate that ...
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Why is the real estate excise tax referred to as an excise tax instead of a sale tax in the United States?
In real estate in the United States, local and state governments may levy a real estate excise tax (or REET) on the sale of real property. E.g., in Washington, the excise tax is as follows (as of 2021-...
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Fractional cents in price that includes tax
As an example, if I say that a price is $15 including 5% tax, does that make the price $14.285714... + $0.714285... tax or $14.29 + $0.71 tax? This can add up to whole dollars worth of tax difference ...
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Does Colorado reconcile sales tax on goods that were bought and exchanged in different sales tax jurisdictions?
I recently bought an item that was on sale for $300 from a nationwide retailer's website and was charged roughly 5% sales tax on the purchase. I'm not really sure where this number came from as the ...
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Does the New Mexico Gross Receipts tax apply to non-business sale of personal property?
I recently sold some personal property (totaling a few hundred dollars) as a resident in New Mexico and was under the impression that, even for private and non-business transactions, the state gross ...
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I am an IL resident and will move to MA next month. I need to buy a new car in IL for the moving. How do I pay lower sales tax?
I am current living in Illinois and will move to Massachusetts next month. I already have a valid lease with MA address but my driver license is still the IL one. My IL sales tax is 8.25% and MA sales ...
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Can you give me a real world example where tiered taxes are used for sales tax
Tiered taxes are where one rate applies to amounts below a certain threshold and another for amounts above that threshold, there can potentially be multiple tiers.
Example:
below 6,000.99 = 7%
6,001-...
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Can a retailer charge me sales tax after being charged?
I made a large online purchase at a large retailer and I noticed sales tax was not charged when checking out. When I checked my email confirmation, tax also said $0.
A few hours later, their customer ...
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Charged sales tax when removing deceased person from title
I purchased a vehicle with my grandma on the title. It was listed as “my name & grandmas name, last name” on the title.
My grandma passed away. I refinanced my car (for a lower interest rate) and ...
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How do you pay other countries' sales taxes when selling internationally?
All OECD countries have a broadly based consumption tax of varying rates:
They go under different names, for example, in Australia it's the 'Goods and Services Tax (GST)', and in Denmark it's the '...
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Sales Tax on Trades
I traded my laptop for my neighbor's TV.
We live in Los Angeles, California.
Do we owe any sales tax to any government?
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Does credit card cash back count taxes?
If I have a 1% cash back card and spend $100 plus $6 sales tax, do I get $1 cash back or $1.06 cash back?
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What VAT rate to charge for intra-EU sales?
I am VAT registered in 2 EU states and often sell to other EU states where I am not registered for VAT as I am under the distance selling threshold. One thing is still not entirely clear to me is what ...
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What is the responsibility for a Missouri-based Disregarded LLC wrt sales tax for internet sales?
In Missouri's online sales-tax registration process, the registrant is required to choose a business type from the list below. Using the physical form 2643, this information is not requested.
I sell ...
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How do software developers outside of Japan collect and remit Japanese Consumption Tax?
According to Japan Consumption Tax Law (JCT), software developers outside japan are responsible for collecting and remitting JCT. How can they do that? One more question as no US states are mentioned ...
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Sales tax on Food
I bought a prepared salad at Walmart today in Houston, Texas. I thought it a bit strange to pay tax on food, but I understand their reasoning. What was still confusing was that I was charged an 8.25% ...
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Couldn't I ship my own package for the seller to avoid sales tax?
My understanding of US practice is if I buy something from a seller who doesn't have a business presence in my state then I don't pay sales tax if it's being shipped to my state.
If I live in state A ...
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Income Tax Paypal / Ebay sales (Australia) limits
Work were throwing away a bunch of boxes full of e-waste and I was able to take them for free. I have started selling the items on Ebay and getting paid through Paypal. I believe the max total ...
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Do I have to collect sales tax when reselling used personal items?
I bought a new dehumidifier off of Amazon. I used it in my apartment for a month but don't need it anymore. I want to sell it used, at a price lower than the price I bought it for. I listed the item ...
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What is a "final" excise tax return?
Looking at the article here on quarterly excise tax returns form 720 it says
You must always file when you collect any excise tax during the current quarter or if you were responsible for ...
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Filing Sales Tax Return When 3rd Party Collects & Remits Sales Tax - App Store & Google Play Scenario, US
In many cases App Store & Google Play will collect & remit sales tax themselves for your sales.
Question is how to file this scenario. Do you file these sales as "non taxable sales" or do ...
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Sales tax collection and rounding
I will be selling goods at a festival in New Jersey this fall. I am adding sales tax on top of my price and wondered what the laws are regarding rounding. Is it okay to round to nearest quarter rather ...
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Bank sales tax on private party used car financing
I am trying to transfer ownership of a used vehicle between private parties. I applied for a loan from a credit union to pay the seller. I negotiated the deal and the seller agreed to an amount that ...
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Do businesses pay taxes in addition to sales taxes from customers or do they use sales taxes to pay their taxes? [closed]
Whenever we go to a store or supermarket we pay taxes on many products. Sometimes different products have different tax rates too, which makes things even more complicated. I was wondering if stores ...
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How are app sales/acquisitions taxed in the US?
Hypothetical scenario: I identify a gap in a company's product offering. I, as an independent developer, write a desktop, web, or mobile application that bridges this gap, and I contact the company in ...
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Why do SaaS apps not pay sales tax in my state?
I have noticed many SaaS apps I use do not include sales tax on their invoices in my state (New York).
For example, on a recent Heroku invoice, I see this written:
Heroku is not required to, and ...
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Can I sell my Nevada LLC's remaining inventory to myself at liquidation prices to avoid high sales tax?
I have a small Nevada LLC that I'm dissolving. I used it for ecommerce, but business has been bad the last year and now I've got some inventory left over. Because all of my inventory was bought for ...
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Selling A Car Anonymously
Is it ever legal for me to sell a car to someone by just signing my name and
dating the title, such that the buyer's information is completely blank?
To be clear, the title itself is legal, clean, and ...
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Do I pay sales tax exporting the bike
We live in The Netherlands (Europe), we are Dutch. We are now buying a motorcycle in Florida, but are going to pick it up in July and then leave the state, since we're making a roadtrip. After 2 ...
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What is the sales tax for businesses in New York state?
I got a bill for an expensive item sold to me in upstate New York near Syracuse. The sales tax was 8.5%.
I read a sales tax guide by New York City Department of Finance that seems to say that the ...
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How to apply 1% rate reduction using GST/QST Quick method?
I use Quick method for calcualting GST/QST remittances:
The Quick Method is a simplified accounting method designed to help
registrants calculate the GST and QST they must remit to Revenu
...
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Dropshipping and sales tax in sole proprietorship LLC
I own a new LLC as a sole proprietor and plan to file profits through my personal tax return. However, my business is entirely online and dependent either on affiliate or dropshipping channels.
For ...
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quick method of accounting in QuickBooks online
I use QuickBooks online for accounting.
For collecting sales taxes I choose Quick method.
But I don't know how I can use it in QuickBooks online.
I found the following question on Quickbooks forum:
...
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Buying a used car out-of-state with differing trade-in tax policies
I currently live in a state that doesn't allow a trade-in tax credit and I am considering buying a used car that resides in a state that does. I will probably trade in my car as part of the purchase, ...
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Do I still pay internet taxes
If I buy, over the internet, a gift that is going to a non-sales-tax state (OR) resident do I still pay my local (WA) sales tax?
Or, should I just drive to their place in OR and have them buy it? This ...
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Does a Legalzoom service that provides a physical report qualify for Use tax?
I'm working on my Nevada LLC's sales tax report for this last quarter. A few months ago we paid Legalzoom to do a patent search, and the receipt doesn't list any sales tax. They sent us a folder ...
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Sales tax or Use tax
A sales tax is defined as "A sales tax is a consumption tax imposed by the government on the sale of goods and services"" A use tax is defined as "A sales tax on purchases made outside one's state of ...
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Canada Taxes GST and HST on different goods
I'm developing an eCommerce site for a client whose shop is based in Ontario, Canada. They sell books, DVDs and music CDs to all provinces in Canada. After reading up on Canada's sales-tax system, the ...
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Can sales tax in a foreign country be used as credits to offset US taxes?
Say you are an American citizen living in the UK.
You are required by [draconian] U.S. law to pay full taxes on your income as though you are resident in the U.S. However, there are several treaties ...
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Is NY sales tax applicable to visitor
I am going to stay in NY for a week and I will buy few electronics. This will be a around $15.000. I would like to know if I need to pay sales tax; or I am exempt from paying the sales tax as I don't ...
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Do I need to pay sales tax selling to US customers from Europe? Does selling through Google change that?
I am an EU (Belgium) based indie developer preparing for the release of my first (game) app next week. I will be offering the game through the Google Play Store. For a lot of countries/regions, Google ...
