What’s new in sales tax?
TaxConnex
AUGUST 15, 2023
Five states follow with 4% rates: Alabama, Georgia, Hawaii, New York and Wyoming. 1, 2024, the rate will drop to 2% if the state’s Education Trust Fund meets a specified growth requirement (or if the fund meets the requirement in a future fiscal year). California has the highest statewide sales tax rate, at 7.25%. from 4% to 3%.
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