50-State Guide to Taxes - A Business Tax Guide by State
Here is our list of corporate tax rates and rules by state, including conditions for each, as well as no corporate income tax states.
Bookmark this handy State Corporate Tax Guide as well as our corporate tax by state blog to make sure you stay aware of the rules, conditions and changes to State Tax Nexus.
“The hardest thing in the world to understand is the income tax.” -Albert Einstein. While Einstein may have been the greatest scientific mind we have ever known, even he was daunted by the complexity of the US tax system. A big portion of this complexity comes from the separation of state and federal governments, and how both have separate powers to tax. Then there are the multiple levels of taxes on all kinds of transactions, and on worldwide income. And nowhere do I find clients get so confused as when it comes to the various state taxes - both income and sales taxes.
We have created this as a 50-State Guide to Taxes, and if you want to skip ahead to the full list it is below. Keep in mind that this information changes frequently, so we update this page regularly to have the most current information, but there still may be changes beyond what we’ve seen, so always check the resources directly at the state that we have included below. But if you want to understand the general topics first I am including some basic information here to understand how these taxes are assessed.
Income tax is tax paid on the net income after all expenses have been calculated. Sales tax on the other hand is tax paid on the gross sales amount. Income tax is paid by the company or individual who sells something, whereas technically the sales tax is paid by the purchaser of the good or service, but collected and remitted by the seller. Thus state income tax is usually based on where the company is operating, and sales tax is based on where the purchase is made. But as in all things tax, it is not logical, and things are no longer this simple.
In general, “establishing nexus” means that a business has a substantial enough presence in any particular state for that state to have taxing authority. If a business has activity in a state and has income earned within that state, it may have a requirement to pay tax in a state, regardless of whether it registered to do business in that state. Having a physical presence in the state will normally trigger this nexus automatically, but increasingly states have economic presence standards that mean many companies unknowingly have nexus in additional states.
Yes, the US Constitution places limitations on a state’s jurisdiction to tax. These constitutional limitations derive from two clauses in the US Constitution: the Due Process Clause, in Amendment XIV, Section 1; and the Dormant Commerce Clause, taken from Article 1, Section 8. The nexus requirement of both clauses must be satisfied before an out-of-state business may be subject to tax jurisdiction within a certain state.
There was a Supreme Court case in 2018, South Dakota v. Wayfair, that basically turned the traditional nexus treatments upside down. While this case had sales taxes as the subject matter, it opened a Pandora’s Box in the tax world that has allowed states to redefine who is taxable when doing business in their boundaries, both for income and sales tax purposes.
Running a business is complex enough. We make sure your taxes and books are 100% accurate guaranteed so you can focus on what you do best.
The Due Process Clause is the part of the Constitution that ensures the government cannot deny anyone of life, liberty, or property without following certain reasonable procedures. Due Process Clause nexus is satisfied when a person has minimum contacts with a state such that maintenance of a lawsuit against the person would not offend “traditional notions of fair play and substantial justice”. This legalese statement is quite a protection for individuals, but when applied businesses", is really broad, because if you are selling to someone in a state, then there probably is some precedent of how that consumer can sue you.
Due process clause nexus is satisfied when the person has a physical presence in a state, but physical presence is not necessarily required to establish Due Process Clause nexus. Even without physical presence in the taxing state, Due Process Clause nexus is satisfied when an out-of- state company’s marketing is purposefully directed toward residents of the taxing state. This can open up income tax nexus to companies merely from running ads in a state, using a state address on your website, and some states have even taken the position that just by offering products or services online that is available to residents of that state that a company does business there. Thus, in the world of eCommerce and SaaS platforms, no web-based company is safe.
The Commerce Clause is the part of the constitution that gives the federal government power to regulate disagreements between the states. The Dormant Commerce Clause refers to the prohibition, implicit in the Commerce Clause, that prevents states from enacting laws that hurt interstate business. The Dormant Commerce Clause limits the reach of a state taxing authority to ensure that state taxation does not unduly burden interstate commerce. A state tax will satisfy the Dormant Commerce Clause if it meets the following four requirements:
1. The tax is applied to an activity with a substantial nexus with the taxing state.
2. The tax is fairly apportioned.
3. The tax does not discriminate against interstate commerce, and
4. The tax is fairly related to services provided by a state.
The Dormant Commerce Clause “substantial nexus” requirement is not satisfied when the only contacts of a vendor of tangible goods with the taxing state are by mail or common carrier. However, the substantial nexus requirement can now in certain cases be overcome through a showing of “significant economic presence”. What actually rises to “significant economic presence” varies a lot from state to state. Some states set this threshold to where even $1 in sales theoretically creates nexus. These thresholds have yet to be argued meaningfully in the court system to set precedents for the states to follow.
There is one historical exception to the nexus requirements that still applies, for salespeople operating out of state. This law, PL 86-272, places additional limits on a state’s ability to tax interstate commerce. PL 86-272 prohibits a state from taxing the income of an out of state corporation whose only business activities within a state are “solicitation of orders” for tangible personal property, provided that the orders are sent outside a state for approval by a head office, and the tangible personal property is delivered from out of state. Basically, if you have a team of traveling salespeople and you are selling a product, then you are cool.
However, this exception is very narrow, and really doesn’t apply to any web-based business models like SaaS because it doesn’t cover leased property. It also doesn’t apply to any service business, or even to revenue from servicing goods that are sold in the state. And if the person doing sales is also a director or officer of your company it also probably won’t apply. However, if it does apply to the context, this law does cover both employees and independent contractors working in a state, but with slightly different rules for each.
In July of 2020, the Multi-state Tax Commission (MTC) issued a restatement on when PL 86-272 applies in the digital economy. As per the MTC’s restatement, a number of activities that would have previously been considered protected may now create nexus. Examples of digital activities that violate PL 86-272 include providing customer support via online chat tools, extended warranty plans, advertising job openings, accepting job applications through the Company website, putting specific types of cookies into customer’s devices, and providing remote repairs and automatic device updates. California has already adopting the MTC’s restatement, and other states are sure to follow, although the California law has been challenged in court as of August 2022, so it remains to be seen if this will be upheld.
Sales tax nexus is completely different from income tax nexus. While income tax nexus is focused on the operations of the business including where the business is registered, headquartered, and where it markets and sells their goods and services, sales tax nexus is based on where the buyers are located. Thus if you sell a good or service to someone in a certain state, there may be sales tax nexus, even if there is no income tax nexus.
The Supreme Court case mentioned earlier, South Dakota v. Wayfair, changed how states treat sales taxes. This case overturned an earlier longstanding precedent that required a company have a physical presence in a state in order to collect tax there. Justice Anthony Kennedy, writing for the majority, suggested that South Dakota’s law would survive scrutiny under the Dormant Commerce Clause because of parts of the law that intended to avoid undue burdens on interstate commerce. This included a safe harbor for small sellers, a lack of retroactivity, single state-level administration, uniform definitions of products and services, and software for sellers with immunity for any errors arising from reliance on it. Not all states have followed this guideline, and sometimes small sellers are taxed at an early level with the new state rules, but most states have some reasonable exemption at least for sales taxes.
There is an exception for sales of goods that are delivered from out of state or out of the country via common carrier. However, if you use drop-shipping or a FBA type service, you may be subject to sales tax if the drop shipper has facilities in the state where the goods are stored prior to the final delivery to the customer. Same with employees and agents in the state, this can create a sales tax obligation to sales within that state. If you have workers in that state and need to register for state income tax purposes, as then you are doing business in that state.
Software is a little tricky for sales tax purposes because it originally was considered tangible personal property when sold on discs in a store, but now is downloaded, or is a subscription, as a Software as a Service (SaaS) product. Thus, there are many gray areas and every state has different rules as to how they treat this. Currently, about half of all US states have some sort of a sales tax on SaaS purchases.
Marketplaces have also been targeted in the post-Wayfair tax world. The vast majority of states now have Marketplace Facilitator Sales Tax laws that require online marketplaces to collect and remit sales taxes on behalf of their sellers, with extremely low economic nexus thresholds. This can be a substantial burden to launching a new marketplace as from the beginning compliance must be met on nearly all sales
Corporate Minimum Tax None / Annual Report $110
May 15th- Federal + one Month
$596,000.00
For tax years beginning on or after January 1, 2022: $60,000 of property, $60,000 of payroll, $596,000 of sales, or 25% of the total property, total payroll, or total sales.
Yes
Yes
4.00%
7.50%
11.50%
$250,000 Sales Only
Total retail sales of tangible personal property delivered into the stateSales made through a non-collecting marketplace
Sales made through a registered marketplace facilitatorMost wholesale sales. Most Services
No
Yes
IT services provided by a foreign company with no physical presence in Alabama are not subject to sales tax.
Graduated from 0% to 9.4%. The 0% rate applies to taxable income of $25,000 and below, while the 9.4% rate applies to taxable income of $222,000 and over.
None
April 15th - 15th Day of 4th Month
$500,000.00
No
No
0.00%
7.50%
7.50%
$100,000 in Sales or 200 Transactions
Statewide gross sales of goods, property or products delivered into the stateServices rendered in the stateSales through marketplaces
None.
No
Yes
Alaska does not levy a statewide sales tax, but it allows municipalities to levy sales taxes.
Corporate Minimum Tax $50
April 15th - 15th Day of 4th Month
$0.00
NO
No
5.60%
5.60%
6.71%
$100,000 Sales Only
Sales of tangible personal property or servicesGross income derived from business in the stateServices rendered in the state
Sales made through a registered marketplace facilitatorMachinery or equipment used directly in manufacturing or in research and development
No
Yes
Arizona has a flat 2.50 percent individual income tax. Arizona has a 4.90 percent corporate income tax rate, a 5.60 percent state sales tax rate, a max local sales tax rate of 5.30 percent.
None
$0.00
Yes
No
6.50%
6.13%
12.63%
No
No
Arkansas had the highest franchise tax rate of any state in the nation, at 0.3 percent of a business’s net worth with an unlimited collection cap. Arkansas requires corporations and banks with stock as well as mortgage loan corporations to send the state 0.3 percent of the firm’s outstanding capital stock. This acts as a wealth tax, a poor revenue-raising tool, and a harmful tax on the accumulated wealth of corporations.
Corporate Minimum Tax $800
April 15th - 15th day of the 4th month
CA sales exceed $637,252 / CA real and tangible personal property exceed $63,726 / CA payroll compensation exceeds $63,726
Yes
No
7.25%
2.50%
9.75%
$690,144 in taxable annual sales
Retail sales of tangible items in California are generally subject to sales tax.Examples include furniture, giftware, toys, antiques and clothing. Some labor service and associated costs are subject to sales tax if they are involved in the creation or manufacturing of new personal property.
No
No
In some cases, retailers must report use tax rather than sales tax. The most common example of a purchase subject to the use tax is a purchase of an item for use in California from an out-of-state retailer. Out-of-state retailers who are engaged in business in this state are required to collect the use tax, whenever applicable, from the consumer, at the time of the sale.
None
$500,000.00
No
No
2.90%
Imposes sales tax on retail sales of tangible personal property. In general, the tax does not apply to sales of services, except for those services specifically taxed by law. However, in the case of a mixed transaction that involves a bundled sale of both tangible personal property and service (whether or not such service is specifically taxed), the entire purchase price may be taxable unless certain conditions exist.
No
No
From 2013- 2019, Colorado collected over $1.6 billion in marijuana taxes and fee revenues. The 2.9 percent sales tax on medical marijuana goes entirely into the Marijuana Tax Cash Fund - the first $40 million or 90 percent (whichever was greater) goes to a capital construction grant program.
Corporate Minimum Tax $250
15th day of 5th month after year end
$500,000.00
(a) A company is "carrying on business in this state" if, within this state, it engages in one or more of the following activities, including but not limited to:(1) owning or leasing (as lessee) real property;(2) maintaining an office, or compensating its employee for the use of his home if such employee works from such home; if its property, including product samples, brochures and advertising materials, and instructions on product usage, is stored in such home; and if the address or telephone number of such home is listed in its advertisements and public announcements;(3) selling tangible personal property (as opposed to soliciting orders therefor);(4) performing or soliciting orders for services;(5) selling or soliciting orders for real property;(6) maintaining a stock of inventory in a public warehouse;(7) having an employee, wherever based: engage in managerial or research activities; make collections on regular or delinquent accounts; offer technical assistance and training to its customer or user of its product after the sale; repair or replace faulty or damaged goods; install or assemble its product; visit its customer or user of its product to determine customer or user satisfaction; pick up returned merchandise from its customer or user of its product; rectify or assist in rectifying any product, credit, shipping or similar complaint arising from the purchase or use of its product; verify the destruction of damaged merchandise; coordinate the delivery of merchandise, whether or not special promotions are involved; distribute replacement parts; inspect the installation of its product by its customer or user of its product; or conduct credit investigations or arrange for credit and financing for its customer or user of its product;(8) delivering merchandise inventory on consignment to its distributors or dealers;(9) owning or leasing (as lessee) personal property which is not related to solicitation of orders; and(10) participating in the approval of servicing distributors and dealers where its customer or user of its product can have such product serviced or repaired.
No
No
6.35%
0.00%
6.35%
If the service you provide includes creating or manufacturing a product, you may have to deal with the sales tax on products. Tangible products are taxable in Connecticut.
No
Yes
Connecticut did not have a personal income tax until August of 1991. Corporation Business Tax (CBT) Reduction: Connecticut offers a gradual reduction in its Corporation Business Tax rate. The rate has been decreasing over the years, which can help businesses save on their tax liabilities.
None
$0.00
Yes
No
0.00%
0.00%
0.00%
None
None
None
No
No
Delaware also has an annual Franchise Tax that corporations and LLCs who are registered in the state must pay each year (link to DEFT website page/info).
Corporate Minimum Tax $250
$0.00
No
No
6.00%
0.00%
6.00%
Tangible products are taxable in Washington D.C However if the service you provide includes creating or manufacturing a product, you may have to deal with the sales tax on products.
Services in Washington, D.C. are generally not taxable. Exceptions include certain groceries, and certain equipment sold to businesses.
No
Revolutionary War was fought over taxation without representation in government. Residents of D.C. must file tax, but do not have any representatives in the Federal Government. This license plate says: "Taxation without Representation".
None
May 1st - 1st day of the fifth month
$0.00
Yes
No
6.00%
No
No
Florida is one of the seven US states without a personal income tax, making it a haven for those with high incomes. Most States' revenue comes from over 35% State income tax, but Florida's high rate of sales tax for tourists helps boost the state economy.
None
$0.00
Yes
No
4.00%
4.90%
8.90%
In general, Georgia imposes tax on the retail sales price of tangible personal property and certain services. While most services are exempt from tax, Georgia does tax the sale of accommodations, in-state transportation of individuals (e.g., taxis, limos), sales of admissions, and charges for participation in games and amusement activities
No
No
Use tax is applicable if an item was not taxed at the point-of-sale in Georgia, or if a non-exempt item was brought into the state.
None
$100,000.00
Yes
No
4.00%
0.50%
4.50%
Most tangible products are subject to their general excise tax. Services in Hawaii are also generally subject to general excise tax.
No
Yes
It’s important to note that Hawaii doesn’t have what we think of as traditional U.S. sales tax. They have a general excise tax (GET). Rather than a tax on a sale paid by the buyer, GET is a tax for “the privilege of doing business” in the state of Hawaii and levied on the seller. According to the Hawaii Department of Taxation, “Activities subject to GET include wholesaling, retailing, farming, services, construction contracting, rental of personal or real property, business interest income, and royalties.”
Corporate Minimum Tax $30
$500,000.00
No
No
6.00%
All retail sales in Idaho are taxable unless specifically exempted by Idaho or federal law. A sale is exempt from sales and use tax only if Idaho law specifically allows an exemption. For example:
No
No
Idaho has a relatively low corporate income tax rate at a flat 6%. Idaho also has a straightforward tax structure, making it easier for businesses to navigate tax compliance. The state does not have a franchise tax or a gross receipts tax, which simplifies the tax reporting requirements for corporations.
None
April 15th - 15th day of the 4th month
$100,000.00
Yes
No
6.25%
5.25%
11.50%
The sales tax rate you collect in Illinois depends on whether you are based in Illinois or out-of-state.Illinois is an origin-based sales tax state. So if you live in Illinois, collecting sales tax is fairly easy. Collect sales tax at the tax rate where your business is located.
No
None
$0.00
No
No
7.00%
0.00%
7.00%
Tangible products are taxable in Indiana. If the service you provide includes fabrication, alteration or preparation of a product, you may have to deal with the sales tax on products.
No
None
April 30th - last day of the 4th month
$0.00
Yes
Yes, but 50%
6.00%
No
None
$500,000.00
No
No
6.50%
4.25%
10.75%
Yes
Corporate Minimum Tax $175
$0.00
Yes
No
6.00%
0.00%
6.00%
No
3.5% percent on the first $50,000 5.5% percent on the next $100,000 7.5% percent on the excess over $150,000
None
$500,000.00
Yes
Yes
4.45%
7.00%
11.45%
No
None
$500,000 or 25% of the C-corp total sales
Yes
No
5.50%
No
None
$0.00
Yes
No
6.00%
0.00%
6.00%
No
Corporate Minimum Tax $456
$500,000.00
Yes
No
6.25%
No
None
$350,000.00
Yes
No
6.00%
0.00%
6.00%
No
None
$500,000.00
Yes
No
6.875%
2.00%
8.88%
No
Corporate Minimum Tax None / Franchise Tax $25
April 15th - 15th day of the 4th month
$0.00
The minimum franchise tax due is $25.00. Franchise tax is not based on whether or not a corporation is a franchise; it is a business tax imposed on every corporation for the privilege of doing business in Mississippi.
Yes
No
7.00%
1.00%
8.00%
No
None
$0.00
Yes
Yes, but 50%
4.225%
5.763%
9.988%
No
No
Select tax exemptions include “all sales at retail for which federal government coupons or vouchers under the supplemental feeding for women, infants and children program are used as payment” and 40% of the purchase price of a new manufactured home.
Corporate Minimum Tax $50
$100,000.00
Yes
No
0.00%
0.00%
0.00%
None
None
None
None
None
$0.00
No
No
5.50%
2.50%
8.00%
Yes
None
None
$4,000,000.00
Each business entity whose Nevada gross revenue in a taxable year exceeds $4,000,000 is required to file the Commerce Tax return. Commerce Tax is a tax on a privilege of engaging in business in Nevada.
Yes
None
6.85%
1.53%
8.38%
No
None
$92,000.00
Any business organization, organized for gain or profit carrying on business activity within the State is subject to this tax. However, organizations with $50,000 or less of gross business income from all their activities are not required to file a return. For taxable periods ending on or after December 31, 2022, this filing threshold is increased to $92,000.
Yes
No
0.00%
0.00%
0.00%
0.00
None
None
None
Corporate Minimum Tax $500
$0.00
For calendar years beginning in 2006 and thereafter, the minimum tax on corporations shall be based on New Jersey gross receipts. The minimum tax is calculated based upon the following schedule: New Jersey Gross Receipts Minimum TaxLess than $100,000 $500Equal to or greater than $100,000, but less than $250,000 $750Equal to or greater than $250,000, but less than $500,000 $1000Equal to or greater than $500,000, but less than $1,000,000 $1,500Equal to or greater than $1,000,000 $2,000
Yes
No
6.625%
3.313%
9.938%
No
Corporate Minimum Tax None / Franchise Tax $50
$0.00
No
No
5.13%
4.31%
9.44%
Generally speaking, sales and leases of goods and other property, both tangible and intangible, are taxable. Unlike many other states, sales and performances of most services are taxable in New Mexico.Most tangible goods are also taxable.
Grocery items are exempted
No
NY State - $25, MTA $25 / NYC $25
$1,138,000.00
Yes
No
4.00%
4.88%
8.88%
No
Corporate Minimum Tax None / Franchise Tax $200
$0.00
Yes
No
4.75%
2.75%
7.50%
No
No
None
$0.00
Yes
No
5.00%
No
None
None
None
Ohio no longer levies a tax based on income (except for a particular subset of corporations), but instead imposes aCommercial Activity Tax (CAT) equal to $150 for gross receipts sitused to Ohio of between $150,000 and $1 million, plus0.26% of gross receipts over $1 million. Banks continue to pay a franchise tax of 1.3% of net worth. For those few corporationsfor whom the franchise tax on net worth or net income still applies, a litter tax also applies.
No
No
5.75%
2.25%
8.00%
Yes
None
April 15th - 15th day of the 4th month
$0.00
Yes
No
4.50%
7.00%
11.50%
if the service you provide includes creating or manufacturing a product for sale, you may have to deal with the sales tax on products. Tangible products are taxable in Oklahoma, though a few products have an exemption.
Services in Oklahoma are generally not taxable. Certain prescription medications are exempted. There is also an exemption for medical equipment and supplies.
No
Corporate Minimum Tax $150
$0.00
Yes
No
0.00%
0.00%
0.00%
0.00
None
None
None
No
Website Link
Oregon does have a vehicle use tax that applies to new vehicles purchased outside of the state. The tax must be paid before the vehicle can be titled and registered in Oregon.
None
$500,000.00
threshold of $500,000
Yes
No
6.00%
2.00%
8.00%
if the service you provide includes selling, repairing or building a product that service may be taxable. Tangible products are taxable in Pennsylvania, with a few exceptions.
No
$0.00
The 'surtax net income' is basically the net taxable income subject to regular tax less a surtax deduction in the amount of 25,000 United States dollars (USD). The graduated surtax rates are as follows:5% for surtax net income up to USD 75,000.USD 3,750 plus 15% of surtax net income from USD 75,001 to USD 125,000.USD 11,250 plus 16% of surtax net income from USD 125,001 to USD 175,000.USD 19,250 plus 17% of surtax net income from USD 175,001 to USD 225,000.USD 27,750 plus 18% of surtax net income from USD 225,001 to USD 275,000.USD 36,750 plus 19% of surtax net income in excess of USD 275,000 for a maximum nominal tax rate of nearly 37.5%. The determination of the applicable surtax rate is made on a consolidated basis for controlled groups and related companies, so the net taxable income of all the entities subject to tax in Puerto Rico within said groups has to be combined for the determination of the applicable surtax rate.
https://taxsummaries.pwc.com/puerto-rico/corporate/tax-administration
1.00%
11.50%
all transactions of taxable items in Puerto Rico. Taxable items consist of tangible personal property, taxable services, admissions, digital products, and what is known as bundled transactions.
Groceries, healthcare services, prescription medications, and some busineness-to-business services are exempt from part or all of the Puerto Rico sales tax.
Corporate Minimum Tax $400
$0.00
Yes
No
7.00%
0.00%
7.00%
The furnishing of telecommunications service and cable television services is taxable in Rhode Island. And be mindful if the service you provide includes creating or manufacturing a product. In that case you may have to deal with the sales tax on products. Tangible personal property is taxable in Rhode Island, with a few sales tax exemptions.
No
Yes
Rhode Island is a destination-based sales tax state. So no matter if you live and run your business in Rhode Island or live outside Rhode Island but have nexus there, you would charge sales tax at the rate of your buyer’s ship-to location. If you operate an eating and/or drinking establishment in Rhode Island, you must collect the 1% Rhode Island meals and beverage tax.
Corporate Minimum Tax $25
$0.00
Yes
No
6.00%
3.00%
9.00%
If the service you provide includes creating or manufacturing a product, you may have to deal with the sales tax on products. Most tangible personal property is taxable in South Carolina, with a few exceptions.
No
None
None
None
None
No
No
4.50%
4.50%
9.00%
No
Corporate Minimum Tax None / Franchise Tax $100
$0.00
No
No
7.00%
2.75%
9.75%
No
Yes
Food is taxed at 4%, instead of the state rate of 7%.
Corporate Minimum Tax None / Franchise Tax - imposed on entities with more than $1,230,000 totalrevenues at rate of 0.75%, or 0.375%
None
$500,000 (Franchise Tax)
The Texas franchise tax is a privilege tax imposed on each taxable entity formed or organized in Texas or doing business in Texas. Texas imposes a Franchise Tax, otherwise known as margin tax, imposed on entities with more than $1,230,000 totalrevenues at rate of 0.75%, or 0.375% for entities primarily engaged in retail or wholesale trade, on lesser of 70% of totalrevenues or 100% of gross receipts after deductions for either compensation or cost of goods sold.
Yes
No
6.25%
Yes
None
None
None
None
None
None
None
No
There is no sales tax in the U.S. Virgin Islands, but there is a 4 percent tax on all property brought into the territory from the mainland for personal use. These “use taxes” exist in most states and are levied on the use, storage, or other consumption within the state of goods or services purchased out of state
Corporate Minimum Tax $100
$0.00
No
No
6.10%
2.95%
9.05%
Yes
Corporate Minimum Tax $300
April 18th - 18th day of the 4th month
$0.00
Yes
No
6.00%
1.00%
7.00%
Certain services are taxable. Tangible personal property is generally taxable in Vermont.
No
None
April 15th - 15th day of the 4th month
$0.00
No
No
5.30%
0.70%
6.00%
No
None
None
business and occupation (B&O) tax measured on the value of products, gross proceeds of sale, or gross income of the business.
Washington state does not have a personal or corporate income tax. However, people or businesses that engage in business in Washington are subject to business and occupation (B&O) and/or public utility tax. The business’s gross receipts determine the amount of tax they are required to pay. Businesses that make retail sales or provide retail services may be required to collect and submit retail sales tax. The state B&O tax is a gross receipts tax. It is measured on the value of products, gross proceeds of sale, or gross income of the business.Washington, unlike many other states, does not have an income tax. Washington’s B&O tax is calculated on the gross income from activities. This means there are no deductions from the B&O tax for labor, materials, taxes, or other costs of doing business. https://dor.wa.gov/taxes-rates/business-occupation-tax/business-occupation-tax-classifications
No
No
6.50%
4.00%
10.50%
No
Yes
US tax is collected in Washington if sales tax has not been paid on the good or service.
None
$0.00
No
No
6.00%
1.00%
7.00%
Yes
None
Yes
No
5.00%
No
None
No
No
4.00%
2.00%
6.00%
No
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