Sentences with phrase «percent sales tax on»

«We used the call - to - action feature recently in Michigan to defeat a 2 percent sales tax on real estate services and had tremendous success,» says Brad Ward, Michigan Association of Realtors ®» government affairs director.

New York charges 4 percent sales tax on certain items.

The Assembly passed the revenue bill, which would raise $ 1.2 billion from items such as the temporary return of a 4 percent sales tax on most clothing sales and corporate tax credit deferrals, on Thursday evening.

Counties charge a 4 percent sales tax on the price of gas.

At the same time, Cahill said the «revenue piece» — a 4 percent sales tax on individual hails — is still under discussion.

As the law is proposed, the state would garner a projected $ 24 million annually from e-hailing services (through a 4 percent sales tax on individual hails).

In Zimbabwe, income is generated for governments through the 17.5 percent sales tax on imported formula and a 10 percent import duty.

Forgoing the 6 percent to 10 percent sales tax on items like clothing, school supplies and select electronics can mean big savings for parents, but it also represents an opportunity for small businesses.

Not exact matches

Elsewhere, investors received disappointing news early on Monday morning with car sales in the U.K. dropping 8.5 percent in May after a tax increase came into effect in April.

The City of Denver recently voted to slap a new 5 percent tax on marijuana, on top of its own 15 percent excise tax and 10 percent sales tax.

Current EBIT (earnings before interest and tax) rose 4.8 percent to 448 million, while net profit jumped 26 percent to 193 million euros partly because of capital gains on the sale of its industrial services division in the United States.

Both Washington and Colorado are charging a 25 percent tax on pot sales, with even higher rates in some municipalities.

Colorado currently charges a 15 percent excise tax rate, in addition to the 2.9 percent sales tax levied on all sales in the state.

Each state has a sales tax holiday, where you could save up to 7 percent on popular back - to - school items.

Doug Mataconis, a political blogger, writes that Cain is «either blind or idiotic to ignore the impact that a combined federal and state sales tax would have in jurisdictions that already do have a sales tax, and the impact that a combined levy approaching 20 percent on the sale of goods would have on the middle class, and on small businesses.»

These consist of the existing 2.9 percent state sales tax (plus local taxes), an additional 10 percent state tax on retail marijuana sales, and a 15 percent excise tax on the «average market rate» of wholesale marijuana.

For the state, it could mean falling short of the $ 44 million to $ 82 million in annual revenue it expected to collect from the 17 percent tax on pot sales.

However, Tennessee has the third - highest sales tax paid, on average, because of its high sales tax rate of 9.46 percent.

House Democrats on Thursday unveiled a two - year budget that would increase the state sales tax to 6.99 percent.

As the number one auto market, China had a knockout 2016, with sales jumping 13.7 percent to 28 million units as consumers took advantage of the government's tax cut on smaller - engine vehicles.

To woo Amy's Kitchen, the state committed to a credit of 26 percent on income, payroll and sales taxes for 15 years.

The Federal GST (Goods and Services Tax), a 5 percent tax on most Canadian goods and services, began on January 1, 1991, replacing the hidden 13.5 % Manufacturer's Sales TTax), a 5 percent tax on most Canadian goods and services, began on January 1, 1991, replacing the hidden 13.5 % Manufacturer's Sales Ttax on most Canadian goods and services, began on January 1, 1991, replacing the hidden 13.5 % Manufacturer's Sales TaxTax.

Mexico charges a 16 percent VAT tax on all business sales, whether it's to other firms or the consumer.

While Manhattan condo developers pay the top 39.6 - percent rate on apartment - sale profits, rental developers usually pay the 20 - percent capital gains rate (which would not be reduced in the new tax plan).

A 25.6 percent fall in sales activity in Vancouver led prices across the province to fall 8.1 per cent on average in August, and although it may be too early to confirm, speculations are running rife that this drop could be due to the new foreign buyer tax.

Over the weekend, the Middle East Monitor reported that the country's new budget would increase the VAT by two percent and levy new taxes on the sale of old cars and homes.

Greece proposed measures that would net 0.74 percent of GDP, and raising sales taxes on catering and hotels could bridge the gap, one official said.

While differences remain in several areas, creditors want Greece to raise the equivalent of 1 percent of gross domestic product more from VAT in 2016 and this could be achieved by raising sales tax on catering to a rate of 23 percent from 13 percent, the two EU officials said.

PepsiCo — which announced rising sales, increased organic revenue and a higher quarterly profit last week — revealed sales in Mexico were down 3 percent, in part due to new taxes on junk food.

Talk - show hosts on the club's flagship radio station are bashing it, and some newspaper columnists are railing against the half - percent sales - tax increase, which could generate up to $ 92.5 million for the facility.

With the 2 percent limit on local property - tax levies in place, Comptroller Tom DiNapoli said that local governments may need to rely more on sales tax revenue to balance their ledgers.

In exchange, the Oneidas will give 25 percent of its casino's net revenue to the state, agree to a permanent cap of about 25,000 acres of land, and apply sales tax on cigarettes and gasoline.

«This proposal builds on the structure of the NYS Stock Transfer tax, where we currently collect $ 13.8 billion a year in a minuscule sales tax on stock transactions and then astonishingly rebate 100 percent right back to the brokers that pay it.

In a last - minute scramble to boost revenue, House Democrats in late June suggested pushing the state sales tax to 6.99 percent and allowing towns to tack on another percentage point for food and...

Rockland County government will be vastly increasing its tax collection in 2012, as the Budget and Finance committee convened on Monday night to approve a 30 percent county property tax increase, as well as a 1/4 percent increase in the county portion of the sales tax, and new taxes on hotel / motel occupancy and real estate -LSB-...]

The state Senate on Wednesday approved legislation that eliminates feminine hygiene products — including tampons, pads and sanitary napkins — from the 4 percent state sales tax.

His requirement that taxes on internet sales be uniformly collected also would help counties get 50 percent of the revenue.

The most significant are a five year extension of 2 percent «Section 18 - a» assessments on utility energy sales, with a $ 500 million annual impact on business and residential ratepayers, and a five year extension of the $ 420 million per year «film production» tax credit.

The county receives about 3 percent of sales tax on taxable spending.

Witness the Ulster County Legislature's $ 75,000 offering to the state legislature attendant on the latter returning to session within a month and passing the 1 percent Ulster County sales - tax extension.

IDAs now can exempt businesses from paying the 4 percent state sales tax on approved projects, without any oversight from the state.

Last month, the Ulster County Legislature unanimously approved and the county executive signed a resolution that formally requested the state legislature to extend the county's 1 percent sales tax add - on for another two years, beginning next January.

Giambra's proposal includes a 13 percent tax on cannabis for permits and licensing fees plus an additional 7 percent state and local sales tax.

A coalition of Colorado business groups on Friday announced they will collect signatures to try and ask voters in November for a 0.62 percent sales tax increase to raise money for the state's billions of dollars in infrastructure needs.

The bill eliminates feminine hygiene products — including tampons, pads and sanitary napkins — from the 4 percent state sales tax, and would also have the effect of wiping out any country sales taxes on the products.

The city, benefiting from an economy that boosted sales and income tax collections 15 percent since fiscal 2014, on Tuesday is selling $ 1 billion of bonds backed by that revenue to pay for capital projects.

Year - over-year tax collections from the personal income tax and sales tax in 46 states have grown by more than 10 percent from April through June, but revenue on the local level remains stagnate compared to last year, The Rockefeller Institute for Public Policy found.

The city of Yonkers was authorized on Thursday to increase its sales tax by one half of one percent and impose a new occupancy tax for hotel rooms after Gov. Andrew Cuomo approved the home - rule legislation.

Hunter said he will dedicate his campaign to the single issue of establishing a fair tax, or 23 percent federal retail sales tax, that would replace income taxes on individuals and corporations.

The results published on Monday in, «Back on Track,» a policy analysis of the issue, 75 percent of city riders indicated that the city should pay, and 69 percent said they were not opposed to using city sales tax to cover the cost.