There are four states in the USA with no sales tax: Delaware, Montana, Oregon, and New Hampshire.

What is Sales Tax? 

It is a tax on retail purchases and the purpose of collecting tax is to fund the state and local projects including schools, roads and public safety departments.

The sales tax in the USA is governed at the state level and the rates differs from state to state. As an online shopper, you must know about the sales tax so that you can plan you shopping budget wisely.

You should aware that most listed prices in the websites don’t include sales tax because they are subject to local and sate sales taxes, depending on the location the purchases are made.

Generally there are two types of sales taxes; state sales tax and local sales tax.

State Sales Tax

The state with the highest state-level taxes is California (7.3%)

How to calculate sales tax?

The formula is:

Total item price x 1 + sales tax rate = total sales tax

For example, let’s say you are buying an item priced at $10.00 and the sales tax rate is 6%. 

[$10 total item price x 1.06 = $10.60]

Check out this website to get instant USA sales taxes, simply search by zip code or state name [http://www.salestaxstates.com]

Share on facebook
Facebook
Share on twitter
Twitter
Share on whatsapp
WhatsApp

Leave a Reply