- Do Resellers pay sales tax?
- Is toilet paper taxed as a luxury item?
- Are there any states without sales tax?
- What state is the cheapest to live in?
- What items are excluded from sales tax?
- What items require sales tax?
- What state pays you to move there?
- What are the 10 worst states to retire in?
- What’s the worst state to live in?
- How do I buy a car with no sales tax?
- Can you be exempt from sales tax?
- Are condoms taxed as luxury items?
- Why is food not taxed?
Do Resellers pay sales tax?
Generally, resellers to do pay sales tax when they purchase the items, but must collect sales tax when those items are sold to the end user.
Resale exemptions, which are usually in the form of a resale certificate, allow your customer to acquire property tax-free if it will later be resold..
Is toilet paper taxed as a luxury item?
Supporters of the exemption of said taxes are calling their efforts “menstrual equity”, explaining it as a social movement that strives for feminine products like tampons to be considered necessities. Things that are considered necessities, for example toilet paper, are not taxed.
Are there any states without sales tax?
Most states have sales tax to help generate revenue for its operations – but five states currently have no sales tax: Alaska, Delaware, Montana, New Hampshire, and Oregon.
What state is the cheapest to live in?
MississippiAlthough Mississippi is dubbed the cheapest state to live in overall, Arkansas residents spend the least on housing, the analysis revealed. The average resident spends about $708 per month on rent or mortgages and the median home cost is $128,800.
What items are excluded from sales tax?
Accordingly, most states offer product-specific exemptions for items such as food, clothing, prescription medicines, and medical (prosthetic) devices. Those states that don’t provide a complete exemption for these items often impose a lower tax rate on them. Exemptions based on type of purchaser.
What items require sales tax?
Retail sales of tangible items in California are generally subject to sales tax. Examples include furniture, giftware, toys, antiques and clothing. Some labor service and associated costs are subject to sales tax if they are involved in the creation or manufacturing of new personal property.
What state pays you to move there?
Vermont, Alaska and 6 other places in the US that will pay you to live thereAlaska. Alaska runs a program called the Alaska Permanent Fund, which, per the state website, allots an equal amount of the state’s oil royalties to every resident through an annual dividend. … Iowa. … Kansas. … Maryland. … Minnesota. … Ohio. … Oklahoma. … Vermont.
What are the 10 worst states to retire in?
Here, in ascending order, are WalletHub’s top 10 worst states to retire to in 2020.Rhode Island.New Jersey. … West Virginia. … Tennessee. … Arkansas. … Mississippi. … New York. You can tour the Big Apple without retiring to the Empire State. … Louisiana. Come to Louisiana for Mardi Gras, jazz and Cajun cuisine, but not to retire there. … More items…•
What’s the worst state to live in?
Based on the 2018 survey, Louisiana was ranked as the worst state to live….Based on these factors, CNBC determined the worst states to live in to be:Arkansas.Louisiana.Alabama.Tennessee.Indiana.Missouri.Oklahoma.South Carolina.More items…
How do I buy a car with no sales tax?
Sales taxes on cars are often hefty, so you may try to avoid paying them. The easiest way to do so is to buy a car in a state with no sales taxes and register the car there. There are five states without sales taxes: Montana, Alaska, Delaware, Oregon and New Hampshire.
Can you be exempt from sales tax?
What Is a Sales Tax Exemption? A sales tax exemption releases a business or organization from having to pay state or local sales tax on at least some of the items that it purchases. … Retail businesses generally do not have to pay sales tax when buying wholesale goods that will be resold to an end user.
Are condoms taxed as luxury items?
This is merely the state rate. … But hygiene products are taxed at the regular general merchandise rate. This includes shampoo and deodorant, but also condoms and diapers—and this category of items was moved to the 6.25 percent rate (remember, that’s 10 percent in Chicago and its suburbs), in 2009.
Why is food not taxed?
Under California law, foods eaten on the premise of an eatery is taxed while the same item taken to go is not: “Sales of food for human consumption are generally exempt from tax unless sold in a heated condition (except hot bakery items or hot beverages, such as coffee, sold for a separate price), served as meals, …