Sarasota (FL) Sales Tax
The Sarasota sales tax rate is 7.00%
Taxing jurisdiction | Rate |
---|---|
Florida state sales tax | 6.00% |
Sarasota County sales tax | 1.00% |
City tax | 0% |
Special tax | 0% |
Combined Sales Tax | 7.00% |
Sarasota sales Tax Calculator Florida
To make it easier to calculate the Sarasota (FL) Sales tax, we have created a calculator. All that you need to input is the zip code and the number of goods bought. The calculator will tell you how much you should approximately pay in sales tax. The tools are free to use and very simple.
How does the Sarasota sales tax compare to the rest of Florida?
Each vendor in the USA needs to charge sales tax to the items and services that they sell. The Department of Revenue collects the sales tax proceeds from the vendors. The Sarasota, FL sales tax rate is 7.00%. This includes 6.00% Florida state sales tax, 1.00% Sarasota County sales tax and 0% special tax.
A merchant adds the sales tax to all the qualifying sales completed in Sarasota, FL. The Sarasota sales tax should be clearly stated on the invoice. There are some specific goods and services are tax-exempt in Sarasota (Florida). Alcohol, tobacco and gas are subject to excise tax.
The 7.00% sales tax rate of the Sarasota, FL applies to the following list of zip codes: 34231, 34232, 34233, 34235, 34238, 34240, 34241, 34242, 34276, 34277.
The vendor needs to check their district zip code to make sure that they are charging the right sales tax for the business transactions.
There are 120908 people in and around Sarasota. It is important to be aware that zip-code boundaries do not always coincide with general boundaries. Therefore, when choosing sales tax rates, you should not focus only on zip-codes. In the event of a dispute, it is recommended that you contact the Internal Revenue Service to determine sales tax rates for you.
Alternative sales tax rate for Sarasota
City | Combined Tax | State Rate | County Tax | City Tax | Special Tax |
---|---|---|---|---|---|
North Port | 7.00% | 6.00% | 1.00% | 0% | 0% |
Venice | 7.00% | 6.00% | 1.00% | 0% | 0% |
Englewood | 7.00% | 6.00% | 1.00% | 0% | 0% |
Bradenton | 7.00% | 6.00% | 1.00% | 0% | 0% |
Parrish | 7.00% | 6.00% | 1.00% | 0% | 0% |
Popular questions about sales tax in Sarasota
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 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.
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.
45 states (do not levy these taxes in the states Alaska, Oregon, Delaware, Montana and New Hampshire) and the District of Columbia impose general sales taxes that apply to the sale or lease of most goods and some services, and states also may levy selective sales taxes on the sale or lease of particular goods or services. States may grant local governments the authority to impose additional general or selective sales taxes.
The first detail to know about sales taxes is that some states imposer the sale tax on the vendor, some to the buyer, and some states place sales taxes on both entities. It is important to know who pays the tax, as this affects whether you can claim the taxes as a refund or not.