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Know your sales tax compliance better!

Published on

November 28, 2024

In the United States, each state decides its own sales tax rates, and local governments can add extra taxes on top of the state’s rate.

What’s taxable and what’s not

Sales taxes are applied only to taxable sales of goods and services, mostly to tangible personal property. Many states exempt essentials like groceries, prescription drugs, and clothing from sales tax.

Sales tax essentials

Sales tax compliance

Sales tax rates variations

State sales tax rates: They range from 0% in states like Delaware, Montana, New Hampshire, and Oregon, to over 7% in states including California, Indiana, Mississippi, Rhode Island, and Tennessee.

Local sales tax rates: Local taxes can increase the overall sales tax rate. In Tennessee, for example, the combined state and local rate can exceed 9%

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