ASK MICKEY, CPA
QUESTION: Where does Texas rank with the state business tax?
ANSWER: Texas has a 6.25 percent state sales tax rate, a max local sales tax rate of 2.00 percent, and an average combined state and local sales tax rate of 8.20 percent. Texas’s tax system ranks 14th overall on the 2022 State Business Tax Climate Index. Each state’s tax code is a complex system with many moving parts, and Texas is no exception. #cpa #business #sales #tax #businesstax #businesstaxes
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