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The effect from local sales taxes is that sales tax rates vary in California from 7.25% (in areas where no additional local sales taxes are levied) to 10.75% (six cities located in Alameda County). [13] For example, the city of Sacramento, the state capital, has a combined 8.75% sales tax rate, and Los Angeles, the largest city in California ...
Measure R was a ballot measure during the November 2008 elections in Los Angeles County, California, that proposed a half-cent sales taxes increase on each dollar of taxable sales (originating in or made from Los Angeles County) for thirty years in order to pay for transportation projects and improvements.
In Los Angeles it is 9.5%, which is 7.25% state & 2.25% county. Sales and use taxes in California are made up of various state, county and city taxes. The state tax is "imposed upon all retailers" for the "privilege of selling tangible personal property at retail". [17]
Considering state taxes only, paying taxes on $300,000 of taxable income (adjusted gross income) would leave a single taxpayer or married taxpayer filing separately with $275,447.15. $300,000 is ...
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If you’re buying a $300,000 motorhome and you live in Los Angeles, with a 9.5% sales tax, that’s an extra $28,500. However, states are aware of this tax loophole and may still seek their payment.
The Bradley-Burns law was introduced as a response to the proliferation of local sales and use tax ordinances enacted by California cities and counties between the 1940s and 1950s. This explosion of diverse tax regulations created compliance difficulties for both taxpayers and tax administrators.
(The Center Square) - The City of Los Angeles’s “mansion tax” on all property over $5.15 million has led to an over 70% decrease in affected sales, resulting in significant foregone property ...