State Sales Taxes
In United States and some other countries, there are several federal taxes including the state sales tax. A state government may have a totally different sales tax rate(s) than the other. Interestingly, the state government may require you to apply different sales tax for the same item, depending on :
Type of Customer
- Type of Establishment (Entity)
- Type of Industry
Type of Item
Some items would be tax exempt in one state. But this would not necessarily be the same in another state. Similarly, a state government may impose a higher or lower tax rate based on the type of an item.
Combination of Customer Type and Item Type
In some states, an item may qualify for much lower tax rate when sold to a certain industry or corporation type, while remaining the same for all other cases.
Remember
- It is advised that you understand the tax requirement of your state government, including your nexus state governments. Please consult with a professional or even the state governments for more information about your tax requirement.
- In MixERP, you must configure state sales tax information for all states you operate in, including your nexus presence.
Fields
State Sales Tax Id
This is an auto-generated and read-only field.
State Sales Tax Code
Provide a unique code for the state sales tax.
State Sales Tax Name
Provide a name for the state sales tax.
State Id
Select the state or search by clicking the icon .
Entity Id
Select the entity or search by clicking the icon .
Industry Id
Select the entity or search by clicking the icon .
Item Group Id
Select the entity or search by clicking the icon .
Rate
Enter the tax rate in percentage.