Love County (OK) Sales Tax
Each business in Oklahoma 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 Love County, Oklahoma reaches 10.00%. The sales tax in Oklahoma is 4.50%. Love County charges an extra 2.50% sales tax rate. Some cities charge up to an additional 3% on the sales tax rate, hence we get the maximal result of 10.00% sales tax rate.
Love County Sales Tax Calculator, Oklahoma
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 Love County, Oklahoma
In the USA, each district, each city has its own applicable sales tax rate. The total sales tax rates vary from a minimum of 7.00% to a maximum of 10.00%. To learn more about what is the general applicable sales tax rate for each city in Oklahoma, 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 Love County.
| County | Max Combined Tax State Tax | County Tax | City Tax | Special Tax |
|---|---|---|---|---|
| Canadian County | 9.85% | 0.35% | 5.00% | 0% |
| Carter County | 10.38% | 0.88% | 5.00% | 0% |
| Kay County | 10.42% | 0.92% | 5.00% | 0% |
| Pontotoc County | 9.38% | 0.88% | 4.00% | 0% |
| Cherokee County | 9.50% | 1.75% | 3.25% | 0% |
| Bryan County | 9.38% | 0.50% | 4.38% | 0% |
| Mcclain County | 10.00% | 0.50% | 5.00% | 0% |
| Ottawa County | 9.50% | 1.35% | 3.65% | 0% |
| Texas County | 9.95% | 1.45% | 4.00% | 0% |
| Mayes County | 9.75% | 1.38% | 3.88% | 0% |
| Mcintosh County | 10.50% | 2.00% | 4.00% | 0% |
| Atoka County | 6.25% | 1.75% | 0% | 0% |
| Caddo County | 10.50% | 1.50% | 4.50% | 0% |
| Choctaw County | 10.00% | 2.00% | 3.50% | 0% |
| Pushmataha County | 10.00% | 2.00% | 3.50% | 0% |
| Nowata County | 9.50% | 2.00% | 3.00% | 0% |
| Blaine County | 10.38% | 0.88% | 5.00% | 0% |
| Johnston County | 9.50% | 2.00% | 3.00% | 0% |
| Washita County | 10.50% | 2.00% | 4.00% | 0% |
| Greer County | 9.50% | 2.00% | 3.00% | 0% |
| Alfalfa County | 9.75% | 2.00% | 3.25% | 0% |
Popular questions about sales tax in Love County
The sales tax is paid by the consumer to the business. The business then collects the sales taxes and pays them out to the Department Of Revenue. Sales taxes are paid on qualifying goods, otherwise known as taxable goods. Sales taxes also apply to taxable services. Not every product or service sold qualifies for sales taxes. Some are sales tax exempt.
On the category of sales exempt, there are various items and services. These depend on the type of business that is selling them and depends on the state. Various states have different rules when it comes to sales exempt items and services. Sales tax exempt are also businesses that are qualified as non-profit.
To get more information on sales taxes, you can check this link. You will get info about what should a business do to collect taxes, about the applicable laws that determine how a business pays sales taxes and how to determine the appropriate sales tax for a newly established business. It is imperative to know that the tax rate that a business charge depends on its nexus, otherwise known as a place of incorporation.
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.
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.
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.