Info Merchant - State Sales Tax Rates for Small Business

		--------------------Exemptions--------------------
State	Tax Rates	Food	Prescription Drugs	Non-prescription Drugs

ALABAMA	4		*
ALASKA	none
ARIZONA	5.6	*	*
ARKANSAS	5.125		*
CALIFORNIA (3)	7.25 (2)	*	*
COLORADO	2.9	*	*
CONNECTICUT	6	*	*	*
DELAWARE	none
FLORIDA	6	*	*	*
GEORGIA	4	*	*
HAWAII	4		*
IDAHO	5		*
ILLINOIS (2)	6.25	1%	1%	1%
INDIANA	5	*	*
IOWA	5	*	*
KANSAS	4.9		*
KENTUCKY	6	*	*
LOUISIANA	4	(4)	*
MAINE	5	*	*
MARYLAND	5	*	*	*
MASSACHUSETTS	5	*	*
MICHIGAN	6	*	*
MINNESOTA	6.5	*	*	*
MISSISSIPPI	7		*
MISSOURI	4.225	1.225	*
MONTANA	none
NEBRASKA	5	*	*
NEVADA	6.5	*	*
NEW HAMPSHIRE	none
NEW JERSEY	6	*	*	*
NEW MEXICO	5		*
NEW YORK	4	*	*	*
NORTH CAROLINA	4.5	* (4)	*
NORTH DAKOTA	5	*	*
OHIO	5	*	*
OKLAHOMA	4.5		*
OREGON	none
PENNSYLVANIA	6	*	*	*
RHODE ISLAND	7	*	*	*
SOUTH CAROLINA	5		*
SOUTH DAKOTA	4		*
TENNESSEE	6		*
TEXAS	6.25	*	*	*
UTAH	4.75		*
VERMONT	5	*	*	*
VIRGINIA	4.5 (2)	4.0% (5)	*	*
WASHINGTON	6.5	*	*
WEST VIRGINIA	6		*
WISCONSIN	5	*	*
WYOMING (3)	4		*

D. OF COLUMBIA	5.75	*	*	*

Source: Compiled by FTA from various sources.
(1) Some state tax food, but allow an (income) tax credit to compensate poor households. They are: ID, KS, SD, and WY.
(2) 1Includes statewide local tax of 1.25% in California and 1.0% in Virginia.
(3) Tax rate may be adjusted annually according to a formula based on balances in the unappropriated general fund and the school foundation fund.
(4) Food sales are subject to local sales taxes. In LA, food sales scheduled to be exempt on 7/1/02.
(5) tax rate on food is scheduled to decrease to 3% on 4/1/02. Statewide local tax is included.

Reference Guides - Very Useful

LEARN MORE!

If you are currently processing ask us how we can help you switch (fast and easy)

Allow us to understand and fulfill your payment processing needs and combine them into one comprehensive solution uniquely designed for you the merchant, your business, and your budget. Customized quotes are just a phone call away or fill out our online form and a customer service representative will call you.

ALL major credit & bank cards accepted along with checks
Single-source merchant services
Choice of equipment terminals (ask us what better suits your needs)
Online reporting / transaction management/ monthly statements
In-house RISK / UNDERWRITING departments
~~No High Prices~~
FREE American Express setup
FREE cost analysis & processing quotes
Discount POS Terminals and Equipment
Low Rates and Processing Fees
Quick Installation
Easy and Fast Approvals
Developer Support for Programmers
Real Time Internet Payment Processing
Experienced Company That You Can Trust
FREE 365 / 24 / 7 customer support