As a business owner in Texas, it is essential to understand sales tax laws and how to stay compliant.
What should I know about sales tax solutions Katy TX?
Sales taxes in Katy, Texas, are imposed on the sale of taxable items and services. To stay compliant with sales tax laws, it is important to understand what items and services are subject to sales tax and to charge the correct tax rate. Additionally, businesses must file tax returns and remit tax collections to the state.
There are a few exceptions to the sales tax law in Texas. For example, food for home consumption is not subject to sales tax. Other exempt items include prescription drugs, some medical devices, and certain types of clothing. Services that are not subject to tax include most services performed by attorneys.
We hope this information has been useful to you.
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