how mush tax would you get if you bought monoply in tennessee
The sales tax rate in Tennessee is 7%. Therefore, if you purchased Monopoly for, let's say, $50, you would have to pay $3.50 in sales tax ($50 * 0.07).
To determine how much tax you would pay when buying Monopoly in Tennessee, we need to consider the sales tax rate applicable in the state. As of September 2021, the sales tax rate in Tennessee is 7%.
Let's assume the price of Monopoly is $30. To calculate the tax amount, follow these steps:
Step 1: Find the tax rate. The sales tax rate in Tennessee is 7%.
Step 2: Calculate the tax amount. Multiply the price of Monopoly by the tax rate.
$30 * 0.07 = $2.10
Therefore, if you bought Monopoly for $30 in Tennessee, you would pay a tax amount of $2.10.
To determine the amount of tax you would pay when buying a Monopoly game in Tennessee, you need to know the sales tax rate applicable in the state. Here's what you can do to find the answer:
1. Search online: Look for the current sales tax rate in Tennessee. You can search for terms like "sales tax rate in Tennessee" or "Tennessee Monopoly game tax."
2. State or government websites: Check the official website of the Tennessee Department of Revenue or any other reliable source that provides information on sales tax rates in the state.
3. Sales tax database: There are several online databases that aggregate sales tax rates for different areas. You can search for "sales tax rate database" and look for a reputable source that includes information specific to Tennessee.
Once you have determined the current sales tax rate, you can calculate the tax amount by multiplying the purchase price of the Monopoly game by the tax rate.
For example, if the sales tax rate is 9% and the Monopoly game costs $20, the sales tax would be: 0.09 * $20 = $1.80.
Remember that sales tax rates can change over time, so it's important to verify the latest information to get an accurate answer.