Marshalltown (IA) Sales Tax
The Marshalltown sales tax rate is 7.00%
| Taxing jurisdiction | Rate |
|---|---|
| Iowa state sales tax | 6.00% |
| Marshall County sales tax | 1.00% |
| City tax | 0% |
| Special tax | 0% |
| Combined Sales Tax | 7.00% |
Marshalltown sales Tax Calculator Iowa
To make it easier to calculate the Marshalltown (IA) 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 Marshalltown sales tax compare to the rest of Iowa?
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 Marshalltown, IA sales tax rate is 7.00%. This includes 6.00% Iowa state sales tax, 1.00% Marshall County sales tax and 0% special tax.
A merchant adds the sales tax to all the qualifying sales completed in Marshalltown, IA. The Marshalltown sales tax should be clearly stated on the invoice. There are some specific goods and services are tax-exempt in Marshalltown (Iowa). Alcohol, tobacco and gas are subject to excise tax.
The 7.00% sales tax rate of the Marshalltown, IA applies to the following list of zip codes: 50158.
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 24585 people in and around Marshalltown. 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 Marshalltown
| City | Combined Tax | State Rate | County Tax | City Tax | Special Tax |
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Popular questions about sales tax in Marshalltown
Sales taxes add up and increase your costs. Everybody would like to save on costs. There are legal ways that you can use to avoid paying sales taxes. The first detail to know is a court ruling of 1992. According to the supreme court, you are not liable for sales taxes when you buy out of state. This means that if you do some research and buy from sellers that are established out of state, you will be able to avoid sales taxes.
Another great way to avoid sales taxes is to shop at eBay or other eCommerce stores where items are sold by individual sellers. We need to remember that companies that sell on these platforms are liable to charge sales taxes. The same strategy can be used to find big companies or established merchants that have their eCommerce business separate from their brick-and-mortar shops. Such is the case of Barnes&Nobles and Borders. Also making small research on how the sales tax is handled by the seller is a great way to save money, as the merchant may have special agreements with the government.
Another great way to avoid sales taxes is to purchase from states that do not incur sales taxes. If you cannot eliminate the sales tax, then why not reduce it. Since sales taxes depend on location, then choosing the right place to buy the car, will affect your sales taxes, as each county and zip code have their own applicable sales tax rate. The type of car also affects your applicable sales tax rate. A good way to reduce your sales taxes is to choose the right permanent address.
There are some special goods and services that do not qualify for the sales tax rate but instead are charged another rate. The most common category of these items falls under the excise tax. This is a special tax rate that is charged to gas, fuel, tobacco, and other goods that are heavily regulated by the government. Some services qualify for excise tax, such as using the highway. Air travel is in this category too.
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.
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.
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.