Unformatted text preview: because; cities apply different rates of taxes. Such as in “The City of Goodyear, and most other cities in Arizona, imposes a Transaction Privilege (Sales) Tax on specific business activities just like the State of Arizona. The City tax is in addition to the tax imposed by the State and County. The City of Goodyear tax rate is 2.5% effective 9/1/09 and is imposed upon the business. For a large ticket item that exceeds $5,000, the 1.2% privilege tax rate shall apply to the entire single item. A taxable business will need to be registered with the City of Goodyear as well as licensed by the State of Arizona.” Where as in Phoenix, AZ, the city tax rate is 1.4% and may be differ in other states. http://www.goodyearaz.gov/index.aspx?NID=172 http://phoenix.gov/BUSINESS/mrkttax.html Joey D. Finley...
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This note was uploaded on 11/21/2011 for the course KAPLAN UNI MT 140 taught by Professor Thum during the Spring '10 term at Kaplan University.
- Spring '10