tax rounds up to $.07 and total is $1.06
nothing
Yes, hot dogs would be hot food, and hot dog carts would be tangible assets, so most states would require that you collect sales tax (if you are the seller).
PCT must be a per cent. I guess 'tax PCT' is a per cent of the product price that you pay in tax
Whether you need to charge sales tax on food sold from a hot dog cart depends on the tax laws of your specific state or locality. In many places, prepared foods, including those sold from a hot dog cart, are subject to sales tax. However, some regions may exempt certain types of food items or have different regulations for street vendors. It's essential to check with your local tax authority to ensure compliance.
If there is no tax, you should be able to purchase 5 packs of hot dogs at 99 cents per pack with $5.00.
i bleive the tax in Ohio is 5.5 percent.
address for ohio state tax return
tax fee shopping dayis ohio's
The total amount of 1 cent plus tax depends on the tax rate applied. For example, if the tax rate is 7%, 1 cent plus tax would equal approximately 1.07 cents. Therefore, you'd calculate the tax by multiplying 0.01 by the tax rate and then adding that amount to the original cent. The final amount will vary based on the specific tax rate in your area.
Round to the nearest cent.
The tax is 49 cents.
nearest cent