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Where does sales tax go?
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TheBonePile
Posted 3/25/2024 12:11 (#10679611 - in reply to #10679583)
Subject: RE: Where does sales tax go?


Southeast South Dakota
when i do monthly sales tax remittance to South Dakota:,

If I send a bill out for survices in the country I add a 4.2% sales tax charge.
If I send a bill out for a service performed in a certain municipality then I also add their respective sales tax percentage usually 2%
I just say Sales Tax 6.2% and use one line

Then in the monthly remittance I have to list how much of sales goto each town and remit one check to the State

I am assuming that the State remits back to the municipalities their proper share.

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