Sentences with phrase «sales tax rate of»

California has some of the highest taxes in the U.S. with a base sales tax rate of 7.5 % and a top marginal income tax rate of 13.3 %.

Austria has an Import sales tax rate of 10 %.

In the Netherlands, an Import sales tax rate of 6 % applies to classic cars.

Using our example, with a $ 365 monthly payment, $ 3,000 down payment, a sales tax rate of 7 % and no other fees, this family could afford to spend $ 17,870.

Wisconsin has a state sales tax rate of 5 %.

California has a state sales tax rate of 6.50 % and an additional local sales tax rate of 1 %, for a total of 7.50 % for most goods and services.

Some upstate counties and cities have rates as low as 7 percent combined while New York City has a combined sales tax rate of 8.875 percent, which includes the 4 percent state sales tax, three - eighths percent Metropolitan Commuter Transportation District sales tax and 4.5 percent city sales tax.

IF YOU ARE A RESIDENT OF ANOTHER STATE AND COME TO ORLANDO TO TAKE DELIVERY OF YOUR VEHICLE YOU ARE REQUIRED BY LAW TO PAY FLORIDA SALES TAX AT YOUR HOME STATE SALES TAX RATE OF UP TO 6 %.

Our nation - leading state sales tax rate of 7.25 percent went up to 7.5 percent.

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

Not exact matches

As an example, a cap of $ 500,000 in tax - free capital gains on any principal residence means that a home sold for $ 1 million that was purchased for $ 100,000 in 1985 say, would have $ 400,000 taxed at the owner's tax rate at the time of the sale (about 35 % for the average middle class Canadian).

The state has one of the highest sales tax rates in the country at 7 %.

Generally speaking, you'd pay the ordinary tax rate on the sale or exchange of Bitcoin held as a tangible asset — say you were paid in it.

He supports plans to lower the federal corporate tax rates and the harmonization of British Columbia and Ontario's sales taxes with the GST, but notes both Quebec and Nova Scotia have hiked their sales taxes in the past year.

Major changes include lower tax rates on individual income, a roughly doubled standard deduction ($ 12,000 for singles and $ 24,000 for married couples who file jointly), and sharp limits on a slate of itemized deductions, including a $ 10,000 cap on the break for state income, sales and property taxes.

Doing so would require an exceedingly sophisticated approach to local sales and use tax collection that would allow these sellers to accurately capture all of the sales tax on every transaction in compliance with every state's respective sales tax rate.

Corporations like Gildan Activewear, which was able to structure itself so that its worldwide sales are managed out of an office in Barbados, are able to reduce tax rates to single digits, while those who continue to manage sales out of Canada have to pay millions more.

Other factors that may affect the timing of a sale are availability of bank financing, interest rate trends, changes in tax law, and the general economic climate.

As part of the new TCJA, access to favorable capital gains tax rates now demands a three - year holding period; previously, an investor needed only to maintain his or her position in the startup for 12 months to qualify for a lower rate on an eventual sale.

Lottery winners in 2018 also face a different set of tax circumstances that may affect their final tax bill, including a slightly reduced top tax rate (37 percent, versus 39.6 percent in 2017), and a capping of paid state and local income, sales and property taxes at $ 10,000 as an itemized deduction.

Kansas has the eighth - highest sales tax paid because of its 8.68 percent tax rate.

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.

After accounting for the impacts of measures and adjustments, the Sales Tax revenue base is projected to grow at an average annual rate of 4.3 per cent over the forecast period, roughly consistent with the average annual growth in nominal consumption of 4.0 per cent over this period.

A 1 percentage point reduction in tax rates increases investment by 4.7 percent of installed capital, increases payouts by 0.3 percent of sales, and decreases debt by 5.3 percent of total assets.

However, gains realized from real estate sales in Delaware by those who live in another state, are taxed at a rate of 6.75 %.

The indicated rates of return are the historical annual rates of return and reflect changes in unit value, reinvestment of all distributions and the operating expenses of the fund but do not take into account sales charges or administrative fees or income taxes payable by any securityholder that would have reduced returns.

Indicated rates of return in this site are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security - holder that would have reduced returns.

When the fund distributes capital gains from the sale of securities — this could be taxed at ordinary income tax rates or the more favorable long - term capital gains rate, depending on how long the securities were held in the fund.

As a result, retail sales taxes raise the Canadian METR [marginal effective tax rate] by approximately 2.5 percentage points, compared to the 9 percentage points that would prevail in the absence of any exemptions.

If the out - of - state dealership collected sales tax at a lower rate, Connecticut collects the difference between that state's rate and Connecticut's rate.

Past achievements include building the case for deficit reduction in the 1980s and early 1990s, for consolidation of the Canada and Quebec Pension Plans in the late 1990s, a series of shadow federal budgets and fiscal accountability reports in that began in the 2000s, and work on marginal effective tax rates on personal incomes and business investment, which has laid the foundation for such key changes as sales tax reform, elimination of capital taxes, and corporate income tax rate reductions.

«We were particularly encouraged to see fiscal discipline in light of the continued economic uncertainty seen elsewhere in Canada and the world, the establishment of a commission on tax competitiveness to evaluate current taxation instruments like the provincial sales tax, and proposed changes to the property transfer tax to start addressing housing affordability by increasing the exemption threshold and introducing a third tax rate on higher - valued properties.»

Whether the profit from the sale of a bond in the fund is taxed at ordinary income tax rates or is eligible for a reduced capital gains rate is dependent on the same factors as explained above.

There are a number of exemptions and alternative sales tax rates designed to help retirees in Virginia.

The total state and local sales tax rates are collected upon sale of most tangible personal property and some services in Nebraska.

This hypothetical illustration assumes the investor met the holding requirement for long - term capital gains tax rates (longer than one year), the gains were taxed at the current maximum federal rate of 23.8 %, and the loss was not disallowed for tax purposes due to a wash sale, related party sale, or other reason.

Gross margin of 61.9 percent came in ahead of the 59.7 percent the analyst expected due to a favorable mix of higher - margin datacenter segment sales, while a lower - than - expected tax rate also helped the company report an earnings beat.

Examples of forward - looking statements include, but are not limited to, statements we make regarding the Company's plans, assumptions, expectations, beliefs and objectives with respect to store openings and closings; product introductions; sales; sales growth; sales trends; store traffic; retail prices; gross margin; operating margin; expenses; interest and other expenses, net; effective income tax rate; net earnings and net earnings per share; share count; inventories; capital expenditures; cash flow; liquidity; currency translation; growth opportunities; litigation outcomes and recovery related thereto; the collectability of amounts due under financing arrangements with diamond mining and exploration companies; and certain ongoing or planned product, marketing, retail, manufacturing, information systems development, upgrades and replacement, and other operational and strategic initiatives.

It ensures uniform and effective tax rates on the final sale price of products.

In addition, you may be subject to tax on amounts recognized in connection with the sale of municipal bonds, including capital gains and «market discount» taxed at ordinary income rates.

Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, operating in a highly competitive industry; changes in the retail landscape or the loss of key retail customers; the Company's ability to maintain, extend and expand its reputation and brand image; the impacts of the Company's international operations; the Company's ability to leverage its brand value; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's ability to realize the anticipated benefits from its cost savings initiatives; changes in relationships with significant customers and suppliers; the execution of the Company's international expansion strategy; tax law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the United States and in various other nations in which we operate; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's ability to protect intellectual property rights; impacts of natural events in the locations in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's ownership structure; the impact of future sales of its common stock in the public markets; the Company's ability to continue to pay a regular dividend; changes in laws and regulations; restatements of the Company's consolidated financial statements; and other factors.

Sales of electricity, natural or artificial gas and home heating fuels for residential use are taxed at a 4 % rate.

Mississippi is one of just two states to tax all food at the full sales tax rate.

«We are pleased to see the Obama administration will not cause harm to citizens and states by shutting these businesses down, and hope this will lead to an expansion of sensible policies related to marijuana, such as allowing these businesses access to banking, and taxing them at a fair rate,» said Aaron Smith, executive director of the National Cannabis Industry Association, a Washington, D.C. - based trade group that represents what it says are the thousands of firms involved in marijuana production and sales.

While the personal income tax, which has a top rate of 5 %, is slightly lower than the national average for state income taxes, the statewide sales tax of 7 % is slightly above the national average.

You may also be subject to tax on amounts recognized in connection with the sale of municipal bonds, including capital gains and «market discount» taxed at ordinary income rates.

Whilst media reports have suggested a sale price potential of up to $ 1 billion, the value of the TAB will ultimately be driven by the licence term and tax rate, which at this point is unknown.

Sales tax is another flat rate in the state, at 6.25 % regardless of what city or town you're in.

Sale of capital assets such as property, gold, and bonds: in this case, the Capital Gains Tax is charged at the same rate as that of the investor's or the taxpayer's income tax slab raTax is charged at the same rate as that of the investor's or the taxpayer's income tax slab ratax slab rate.

While conservatives preach doom and gloom, our province still has corporate and personal tax rates lower than when Ralph Klein was premier, no provincial sales tax, and huge reserves of oil and gas.