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What sales tax rate should a business charge if the sales order was placed prior to March 31?

April 26, 2017Business charge march 31 Placed prior rate sales

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What sales tax rate should a business charge if the sales order was placed prior to March 31?

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In general, an invoice or bill is the official document indicating that a sale is binding. Therefore, the business should charge the sales tax rate in effect on the date of the sales invoice or bill – which is usually the date the business records the sale in its accounting records.