Hot Spring County (AR) Sales Tax

  • Comments: Comments Off on Hot Spring County (AR) Sales Tax

Each business in Arkansas 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 Hot Spring County, Arkansas reaches 8.00%. The sales tax in Arkansas is 6.50%. Hot Spring County charges an extra 1.50% sales tax rate. Some cities charge up to an additional 0% on the sales tax rate, hence we get the maximal result of 8.00% sales tax rate.

Hot Spring County Sales Tax Calculator, Arkansas

$
-or- Specify Sales Tax Rate
-or- Specify ZIP Code
%

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 Hot Spring County, Arkansas

In the USA, each district, each city has its own applicable sales tax rate. The total sales tax rates vary from a minimum of 8.00% to a maximum of 8.00%. To learn more about what is the general applicable sales tax rate for each city in Arkansas, 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
Malvern 8.00% 72104 16575
Bismarck 8.00% 71929 3420
Donaldson 8.00% 71941 1479
Bonnerdale 8.00% 71933 1020

Alternative sales tax rate for Hot Spring County.

County Max Combined Tax State Tax County Tax City Tax Special Tax
Pulaski County 9.50% 1.00% 2.00% 0%
Benton County 9.75% 1.00% 2.25% 0%
Craighead County 10.50% 1.00% 3.00% 0%
Union County 9.75% 2.00% 1.25% 0%
Saline County 9.88% 0.38% 3.00% 0%
Independence County 8.00% 1.50% 0% 0%
Ouachita County 10.75% 2.50% 1.75% 0%
Johnson County 8.50% 1.00% 1.00% 0%
Hempstead County 10.50% 3.00% 1.00% 0%
St Francis County 11.38% 3.00% 1.88% 0%
Conway County 11.25% 1.75% 3.00% 0%
Carroll County 7.00% 0.50% 0% 0%
Franklin County 10.00% 2.00% 1.50% 0%
Madison County 8.50% 2.00% 0% 0%
Little River County 11.38% 2.88% 2.00% 0%
Bradley County 9.50% 2.00% 1.00% 0%
Dallas County 10.00% 2.00% 1.50% 0%
Searcy County 9.00% 1.50% 1.00% 0%
Montgomery County 9.50% 3.00% 0% 0%
Lafayette County 9.75% 2.25% 1.00% 0%

Popular questions about sales tax in Hot Spring County

What state does not have sales tax?

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.

What state has the lowest sales tax?

Some areas have very small sales taxes. Starting, we have Alaska, which has a sales tax of 1.76%. We need to be mindful that products and services are very expensive in Alaska. Moving on with the list, we have Oregon, Delaware, Montana, and New Hampshire that have a 0% sales tax rate. If you need information regarding the ranking of states based on sales taxes, you can check this page.

Why do we pay sales tax?

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.

How do you add sales tax?

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.

How to file sales tax?

You need to know all the applicable sales taxes that you should collect. You collect these taxes on each transaction. When it comes time to file your business quarterly returns, you declare your sales taxes collected and you pay them to the Department OF Revenue. You pay these taxes on January 15, April 15, July 15, and October 15. The type of sales taxes collected, and the rate depends on the business incorporation location and the applicable laws of that location.