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Exempt Exempt from general sales tax Exempt < $50 Purchases under $50 exempt, higher taxed Taxed Subject to general sales tax 7% (higher) Taxed at a higher rate than the general rate 3% (lower) Taxed at a lower rate than the general rate 3%+ Some locations tax more Up to 3% Some locations tax less N/A No statewide general sales tax
This tax season, Americans are ending with a few extra dollars in their pockets to spend. The average refund amount so far this year is $3,081, up 6% compared to last year.
Our adjusted effective tax rate was 24.2%, compared to 23.3%. ... Dollar Tree's net sales increased 5.9% to $4.2 billion. ... and I couldn't be prouder of our 200,000 associates across Dollar Tree ...
For the full year, we expect net sales to be in the range of $30.7 billion to $30.9 billion based on low-single-digit comp sales growth for the enterprise and both the Dollar Tree and Family ...
In 2006, Dollar Tree celebrated its 20th year of retailing at a $1.00 price point, opened its 3,000th store, and acquired 138 DEAL$ stores, previously owned by SUPERVALU INC. [19] In 2007, Dollar Tree expanded its Briar Creek Distribution Center and crossed the $4 billion sales threshold. [20] In 2008, Dollar Tree earned a place in the Fortune 500.
The sales tax rate, as defined in the legislation for the first year, is 23% of the total payment including the tax ($23 of every $100 spent in total—calculated similar to income taxes). This would be equivalent to a 30% traditional U.S. sales tax ($23 on top of every $77 spent—$100 total, or $30 on top of every $100 spent—$130 total). [5]
Tax exemption is the reduction or removal of a liability to make a compulsory payment that would otherwise be imposed by a ruling power upon persons, property, income, or transactions. Tax-exempt status may provide complete relief from taxes, reduced rates, or tax on only a portion of items.
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