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What is the tax rate?

April 26, 2017cable communications FL Florida rate revenue Services tax telephone television

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What is the tax rate?

20 Answers

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Payments requiring federal income tax withholding are taxed at graduated withholding rates.

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New employers are assigned a tax rate of 3.5%. That rate remains in effect for the first two calendar years.

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The rate is $.16 per gallon upon the selling, use or consumption, distributing, storing or withdrawing from storage in this state for any use of gasoline, naphtha, and other liquid motor fuels commonly used in internal combustion engines.

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Items or Services (not including food): Sturgis, Deadwood, Lead, Spearfish, Custer, Hill City, Whitewood, Keystone: 7.5%, Food is 8.5%. Rapid City: 7.5%, Food is 8.5% Hot Springs: 7.5%, Food is 8.5% Belle Fourche: 7.5%, Food is 8.5% Newell: 7.5% for both food & other items If your business is located outside of city limits the rate is 5.5% for both food and general items and services. ** These tax rates will become effective as of July 1, 2009.

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The tax levy (as determined by the taxing bodies) divided by the tax base. It is often expressed in terms of dollars per thousand. The tax rate is multiplied by the assessed value to determine the amount of tax that each property must pay.

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