TaxTMI 
TaxTMI 
question about sales tax
16 Nov 2010 
2 Replies 
1406 Views Asked by
Sales tax liability depends on state-defined sales value and commodity-specific rates; filing follows the applicable state law.
Sales tax is a state-level levy calculated on the sales value, a term defined differently by each State; tax rates are commodity-specific. Filing obligations, calculation methods and return formats are governed by the respective State Sales Tax Act, so taxpayers must follow the applicable State provisions for valuation, rate application and return filing. (AI Summary)
Sales tax is a state-level levy calculated on the sales value, a term defined differently by each State; tax rates are commodity-specific. Filing obligations, calculation methods and return formats are governed by the respective State Sales Tax Act, so taxpayers must follow the applicable State provisions for valuation, rate application and return filing. (AI Summary)
How sales tax calculated. What is the proceedure of sales tax return.