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What is the rate for Luxury Tax? - Answers.com

por Milla Feuerstein (2019-10-08)


indoorsThe luxury tax is a tax on luxury goods, which are products considered not essential for living. The luxury is levied at different rates depending on the price of the product.

Is there such a thing as luxury tax?
Yes, but it is not always called a luxury tax; it may be called a surcharge, an excise tax, or something else entirely. It is generally triggered by the purchase of a "non-essential" (luxury) item (such as a yacht, private jet, or a high-end motor vehicle), and requires the buyer to pay taxes on the purchase at a higher overall tax rate than the rate he would have to pay if he had purchased a...

What is California's luxury tax?
no their is no luxury tax in California anymore.

What is the luxury tax?
10 percent federal luxury tax on jewelry over $10,000

How much is the luxury tax in ct?
Luxury tax adds 15% to your total cost. For instance, a $600 pair of jeans would be taxed an additional $30 for luxury tax.

How do you calculate luxury tax?
sale package 10000 so what amount we will calculate in luxury tax & what is the reason

How much is the Luxury Tax in Monopoly?
The Luxury Tax in Monopoly is $75. It is found between Park Place and Boardwalk.The U.S. edition of Monopoly raised it's Luxury tax to $100. Monopoly is not the only place you can find a Luxury tax. Many high end hotels charge them.

What is the luxury tax threshold in baseball?
The luxury tax threshold for 2008 is $155 million. For 2009 it is $162 million.

What is 91.00 plus tax?
The answer depends on the rate of tax. The answer depends on the rate of tax. The answer depends on the rate of tax. The answer depends on the rate of tax.

How much are taxes on 290.00 a week?
The answer depends on the tax rate. The answer depends on the tax rate. The answer depends on the tax rate. The answer depends on the tax rate.

What tax rate increases as the tax base increases?
The progressive tax rate is one where the tax rate increases as the taxable rate, or income, is increasing.

What type of taxes are inheritance and excise taxes on luxury goods?
It is a progressive tax. Because the tax gets higher as you pay high price for the luxury goods.

What is the difference between a marginal tax rate and an average tax rate?
The marginal tax rate is the tax on the last dollar (or whatever) earned. The average tax rate is the total tax divided by the total income. In most (though not necessarily all) tax systems, the average tax rate will be noticeably less than the marginal tax rate for most taxpayers.

When did California have a luxury tax?
palm springs, California

What is the tax for 85. Here's more info on https://Www.Youracclaim.com/users/designer-linens/ visit our own web site. 00?
What percent is the tax rate? A tax rate of 10% would be $8.50.

A regressive tax is BEST defined as a rate of tax?
A regressive tax is a rate of tax that falls as the income rises.

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