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There are some states where the amount paid in sales tax when purchasing a car can be as little as $0. In other states, it could be more than $1,000. ... Ohio. Auto sales tax rate: 5.75%. Sales ...
If you spend $7,000 on a car and an additional $1,000 on improvements, but you sell the car for $7,000, it's considered a capital loss, and you don't need to pay tax on the sale.
The used car sales tax is the state’s tax rate (7.25%) plus the city’s rate (2.25%), for a total of 9.5%. If you spend $20,000 on a used car, you’re paying $1,900 in sales tax.
Additionally, local taxing authorities can impose their own sales tax. Currently, the majority of Utah's aggregate sales taxes are in the range of 6.1 – 8.35%. Utah has a 16.350% sales tax on rental cars in Salt Lake City. [197] The sales tax on food and food ingredients is 3.0% statewide.
The Ohio Department of Taxation is the administrative department of the Ohio state government [1] responsible for collection and administration of most state taxes, ...
Does Ohio's expanded sales tax holiday also exempt local sales tax? What to know about your county's sales tax rate.
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More: Ohio's tax-free holiday starts tomorrow. Here's what items won't be included. What are sales-tax rates in central Ohio? State government imposes a 5.75% sales tax on most retail sales and ...