Topic No. 93
TAX RATES AND ROUNDING
Effective January 1, 2007, the
sales/use tax rate on tangible personal
property and taxable services
tax rate on prepared food/beverages and
food/beverages not for domestic home consumption
tax rate on short-term rentals of
tax rate on aviation and railway fuel
4¢ per gallon
tax rate on overnight stays
development admission (FDA) tax rate on
admission to City-owned facilities
combined tax rate includes the applicable
the calculation of the tax produces a result with a fraction of a cent, then the
result generally shall be rounded to the nearest full cent, with results of .5
cents or more being rounded up, and results of less than .5 cents being rounded
down. However, for Facilities
Development Admission tax due on admissions to City-owned facilities, if the
calculation of the tax produces a result with a fraction of a cent, then any
fractional amount shall be rounded up to the nearest full cent.
Big JS Corporation uses the corporate Learjet to fly their president,
Jonathan Smyth, to
The conference runs late, so Mr. Smyth decides to stay the night in
TAX GUIDE TOPICS
Automotive Vehicles – Short-term Rentals
Facilities Development Admission (FDA) Tax
* DRMC Section 53-27. Retailers to collect tax.
* DRMC Section 53-98. Retailers to collect tax.
* DRMC Section 53-171. Imposition of the tax.
* DRMC Section 53-346. Imposition of the tax..
THE ABOVE INFORMATION IS A SUMMARY IN LAYMAN’S
TERMS OF THE RELEVANT