D.C. and 45 states collect sales taxes. There are local sales taxes in 38 states. Where does your state stand with respect to these taxes? The Tax Foundation’s State and Local Sales Tax Rates 2016 shows the rankings. Highest state rates: TN (9.46%) and AK (9.3%). Combined with local taxes, the highest: Chicago (10.25%).
Barbara Weltman
Big Ideas for Small Business, Inc.
Subscribe and download our eBook, "150+ Tax Deductions for Small Business A to Z."
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