Sales tax amounts are generally established by which of the following?(1 point)

3 answers

Sales tax amounts are generally established by state and local governments. Different jurisdictions have the authority to set their own sales tax rates, which can vary widely depending on the specific location.

State and local rates

Federal and state rates

Federal and local rates

Business and federal rates

Sales tax amounts are generally established by state and local rates. Each state sets its own sales tax rate, and local jurisdictions (cities, counties, etc.) may impose additional taxes on top of the state rate.