Kodiak Island Borough (AK) Sales Tax
Each business in Alaska needs to collect sales taxes to then pay up to the Department of Revenue. The sales taxes are added to qualifying items and services sold. The sales tax rate is made up of the sum of the State sales tax, county sales tax, city sales tax, and in some cases, there are extra special district sales rates. The maximum sales tax applicable in Kodiak Island Borough, Alaska reaches 7.00%. The sales tax in Alaska is 0%. Kodiak Island Borough charges an extra 0% sales tax rate. Some cities charge up to an additional 7% on the sales tax rate, hence we get the maximal result of 7.00% sales tax rate.
Kodiak Island Borough Sales Tax Calculator, Alaska
When you are selling or buying, you need to know the total sales tax applicable to your transaction. Since each city and district has its own applicable sales tax rate, it is easy to get lost. For this reason, we have created an online calculator that figures all of this out for you. All that you must do is input your zip code and the price of the transaction. The calculator will apply the sales tax rate of that zip code and will give you a result. This way you do not need to look around and search on multiple sites.
Tax Rates by City in Kodiak Island Borough, Alaska
In the USA, each district, each city has its own applicable sales tax rate. The total sales tax rates vary from a minimum of 0.00% to a maximum of 7.00%. To learn more about what is the general applicable sales tax rate for each city in Alaska, see the table below. All you must do is to look for your designated city and read the applicable sales tax rate.
|City||Sales Tax Rate||Zip-code||Population|
Alternative sales tax rate for Kodiak Island Borough.
|County||Max Combined Tax State Tax||County Tax||City Tax||Special Tax|
|Kenai Peninsula Borough||7.85%||3.00%||4.85%||0%|
|Bethel Census Area||6.00%||0%||6.00%||0%|
|Southeast Fairbanks Census Area||0.00%||0%||0%||0%|
|Valdez-Cordova Census Area||6.00%||0%||6.00%||0%|
|North Slope Borough||3.00%||0%||3.00%||0%|
|Aleutians West Census Area||4.00%||0%||4.00%||0%|
|Dillingham Census Area||6.00%||0%||6.00%||0%|
|Prince Of Wales-Outer Ketchikan Borough||7.00%||0%||7.00%||0%|
|Wade Hampton Census Area||6.00%||0%||6.00%||0%|
|Yukon-Koyukuk Census Area||4.00%||0%||4.00%||0%|
|Bristol Bay Borough||0.00%||0%||0%||0%|
|Lake And Peninsula Borough||6.00%||0%||3.00%||0%|
Popular questions about sales tax in Kodiak Island Borough
Sales taxes are regulated by state and federal laws. Since states control the amount of sales tax that they charge locally, some others have decided to omit sales taxes at all to facilitate transactions. There are municipalities, or cities that can impose their taxes. As of right now, there are 5 states in the USA that do not charge a state sales tax. These states are Alaska, Montana, Oregon, Delaware, New Hampshire.
Sales taxes rates change by zip code as each county can impose its own sales taxes. When we factor both state taxes and local taxes, we can see that in all USA, there are some areas that you end up paying more in sales taxes. We will list the top 5 states in the USA that have the highest sales taxes.
- New York has a state tax of 4%. A during up the local taxes, the final tax rate can add up to 8.5%. The metro city area has a surcharge of 0.375% to fund public transport. Groceries and drugs are tax-exempt in NY.
- Then we have Kansas. It has a state sales tax of 6.25%. Some local areas can charge an additional 4%. The average sales tax rate in Kansas is 8.7%, even though some areas can reach up to 10%. The sales tax applies to everything; hence it is very expensive there.
- California has a state tax of 7.25% and local areas can charge an additional 2.5%. The average combined sales tax is 8.82%.
- Illinois has a state tax of 6.25% and some local areas charge up to 4.75%. The average sales tax rate is 8.83%.
- Oklahoma has a state tax of 4.75% and local areas can charge up to 7% extra on sales taxes. The average sales tax is 8.95%.
Sales taxes are collected by the Department of Revenue. The taxes go to the General Fund, and it funds government expenses. Some parts of the sales tax fund state operations, such as K-12 education. The money can be used to fund other public services. The money collected from taxes is also used to pay the wages of jobs that are related to government agencies, such as police departments, libraries, museums, etc.
When you make a purchase, you must pay sales tax. To find how much u, pay, all that u have to do is to add up the total percentage of applicable sales taxes to your location and multiply that by the total cost of goods. Let’s say that your total applicable sales tax rate is 8%. Let’s say that you make a purchase worth $100. You multiply $100 with 8% to get a total sales cost of $8. You then add the $8 to the original cost of goods, bringing your final transaction cost to $108.
To collect taxes as a business you need a tax id number. You can get thus form the IRS . You get a sales tax id by using the information from the tax id number. A sales certificate is proof that you are buying something for business use and that you intend to resell the thing that you bought. The sales certificate allows a business to buy goods and services without a sales tax.