Parsippany (NJ) Sales Tax
The Parsippany sales tax rate is 6.63%
Taxing jurisdiction | Rate |
---|---|
New Jersey state sales tax | 6.63% |
Morris County sales tax | 0% |
City tax | 0% |
Special tax | 0% |
Combined Sales Tax | 6.63% |
Parsippany sales Tax Calculator New Jersey
To make it easier to calculate the Parsippany (NJ) 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 Parsippany sales tax compare to the rest of New Jersey?
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 Parsippany, NJ sales tax rate is 6.63%. This includes 6.63% New Jersey state sales tax, 0% Morris County sales tax and 0% special tax.
A merchant adds the sales tax to all the qualifying sales completed in Parsippany, NJ. The Parsippany sales tax should be clearly stated on the invoice. There are some specific goods and services are tax-exempt in Parsippany (New Jersey). Alcohol, tobacco and gas are subject to excise tax.
The 6.63% sales tax rate of the Parsippany, NJ applies to the following list of zip codes: 7054.
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 26016 people in and around Parsippany. 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 Parsippany
City | Combined Tax | State Rate | County Tax | City Tax | Special Tax |
---|---|---|---|---|---|
North Bergen | 6.63% | 6.63% | 0% | 0% | 0% |
West Orange | 6.63% | 6.63% | 0% | 0% | 0% |
Montclair | 6.63% | 6.63% | 0% | 0% | 0% |
Livingston | 6.63% | 6.63% | 0% | 0% | 0% |
Orange | 6.63% | 6.63% | 0% | 0% | 0% |
Maplewood | 6.63% | 6.63% | 0% | 0% | 0% |
Verona | 6.63% | 6.63% | 0% | 0% | 0% |
Colonia | 6.63% | 6.63% | 0% | 0% | 0% |
Plainfield | 6.63% | 6.63% | 0% | 0% | 0% |
Linden | 6.63% | 6.63% | 0% | 0% | 0% |
Rahway | 6.63% | 6.63% | 0% | 0% | 0% |
Clark | 6.63% | 6.63% | 0% | 0% | 0% |
Passaic | 6.63% | 6.63% | 0% | 0% | 0% |
Warren | 6.63% | 6.63% | 0% | 0% | 0% |
Lyndhurst | 6.63% | 6.63% | 0% | 0% | 0% |
Rutherford | 6.63% | 6.63% | 0% | 0% | 0% |
Popular questions about sales tax in Parsippany
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.
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.
A sales tax certificate is a document that allows a business to make sales-tax-free purchases of goods and services that it intends to reuse for business and to later sell and collect sales tax on. Some states allow buyers and businesses that engage in frequent transactions to create a blanket certificate. This is a simplified version of the sale certificate, and it is valid for a specified amount of time.
Sellers that do not have a large volume of transactions do not even need a sale certificate. Such is the case of garage sales. Some states offer direct payment certificates, which allow for the purchasers to not pay any sales tax to their sellers, but they pay everything to the government directly. There are numerous intricate scenarios and for this, you need a good CPA or a sales law specialist to better guide you.
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.