Welcome to Westonci.ca, your one-stop destination for finding answers to all your questions. Join our expert community now! Discover precise answers to your questions from a wide range of experts on our user-friendly Q&A platform. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.
Sagot :
How to do
- Just take a examplar number as your gross income
- Now set a municipal tax rate .
- Then find out the annual tax
Ex:-
- Income=$100
- Municipal tax=10% per year
tax per year=0.1(100)=$10
Answer:
(Answers may vary.)
I conducted an online research on the state of new york . The state of NY has 95 counties, 39 independent cities, and 190 incorporated towns. Only elected governing bodies can impose local taxes in this state of NY. A bulk of the local tax money comes from property taxes.
The following is the list of municipal taxes a consumer in all counties and cities of the state of NY is subjected to:
Items Tax Percentage Districts
Retail sales tax 0.7%
Occupancy tax 2.1% only for the New York Planning District
Fee on grantors of real estate $0.15 to $100 of the value of property sold only for the New York Planning District
Wholesale distributors of motor fuel 2.1% Hampton Roads Planning District
Restaurant meal 1%
Communication taxes 1.05%
Motor vehicle rental tax 4%
Explanation: part of edmentum sample answer
Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.
