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| *Ostroff, Fair and Company>>>Australia Taxes |
The sales tax rate in illinois is 6.25% how much tax is charged on a purchase of 5 blenders at $50 apiece? wha |
WHAT IS THE TOTAL PRICE If these items are shipped out-of-state to a place where the shipper does not have a presence, you wouldn't be charged for sales tax on the purchase price. If you are charged sales tax, do remember that some cities have opted to add a local sales tax so depending on where you are, you may pay an additional local tax on the purchase. However, in exchange for the sales tax relief, you may instead incur shipping costs. (5*50.00) * .0625 = tax This is how to figure it. 50 x 5 x 1.0625= total price. $265.63 but if it is to go outside the country you can get your sales tax back. You would be charged $15.63 in tax, bringing the total to 265.63. 5 blenders @ $50.00 each= 250 6.25% of 250= 15.63 $265.63 It would be $256.56 total! |
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