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Who gets fractional sales tax?

In my experience, back when I had to look up the sales tax at the pizza place I worked at, the tax was rounded up. Back then the sales tax was 5% so it was possible to also calculate it in your head. ...
mhoran_psprep's user avatar
7 votes

Who gets fractional sales tax?

The tax is usually calculated per receipt, and rounded to the nearest cent. The business remits all the taxes collected. Rounding up and down averages out over multiple purchases, so in the long term ...
littleadv's user avatar
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