As a CPA & Attorney that specializes in sales tax, you can take this answer to the bank. If you are selling and installing cabinets, then you are NOT allowed to charge sales tax to your customers. You are improving real property and it is outside the scope of sales tax. However, you have to pay USE TAX on your "cost price" of materials and shop labor (not field labor). It is complicated, but you should build in the use tax into your bid, but you may not charge sales tax as a separate line item to your customers. Any customers you charge sales tax in this type of job will be entitled to a right to a refund of the sales tax. If you are merely selling the cabinets (without installing), then you have to charge sales tax unless the customer can provide you with an exemption certificate from the FL DOR (such as a church). If you are merely installing cabinets (without selling the cabinets), then there is no sales tax. Installation labor is beyond the scope of sales tax. If you have been handling this wrong, then I'd be glad to discuss how to correct the matter in the past and going forward. JamesSutton@FloridaSalesTax.com or www.FloridaSalesTax.com.
Is there a sales tax on a service such as alterations on clothing? If any, what type of tax do you pay to the gov't?
You will pay Indiana sales tax (7%).
Sales tax - If you sell an item to someone in your state you are supposed to collect tax. You pay this tax to your state. If someone doesn't live in your state, you don't charge tax. This law is in debate and might change in the future. Federal tax - Being in business you must keep records and pay federal tax.
Typically sales tax is paid at the point of sale, hence the name. But depending on the state there are exceptions. If you buy goods from outside the state, and do not pay sales tax (internet sales!), you need to remit sales tax to your state. Most of the state income tax forms have a method provided for paying sales tax along with the state income tax.
No, the buyer does, sales tax in some States
The sales tax is a tax upon commerce, or the buying and selling of goods. It is imposed by national and local governments to pay for certain public needs.
You will pay the sales tax when you register the car. If the business collects it, they have to give you a receipt for it.
Buyer pays sales tax unless the seller agrees to pay the tax as part of the deal.
If it is income, yes, you will pay taxes on it. Depending on the laws of your state, county or city, you may have to pay a sales tax to the state, county or city.
New car sales tax in Ky is 6%. Trade in value is deducted from the selling price. You pay taxes on the difference.
Yes, you may pay income tax for selling your new home in Toronto.
Not really a sales tax. But you will pay property taxes to the city, county and some states every year.
How much sales tax do you pay on a used $22,000 vehicle? How much sales tax do you pay on a used $22,000 vehicle?
no bacause u are selling it if u where buying it u would have to
You normally do not pay sales tax on a service.
gross sales tax is the tax you pay on total receipts/sales. basically you can't deduct any expenses before you pay the tax.