Learn More About Tax Calculator
The CalculatorCrave sales of goods tax calculator is a tool used to calculate the amount of tax that should be applied to a sales transaction for goods. It takes into account the price of the goods being sold and the applicable tax rate to determine the total amount of tax that should be paid. This calculator can be helpful for businesses and individuals to ensure they are accurately calculating and collecting the correct amount of tax on their goods sales.
About sales tax in Canada and USA
Sales tax in both Canada and the USA is a consumption tax imposed on the sale of goods and services within their respective jurisdictions. However, there are several key differences between the two systems.
In Canada, the sales tax is levied at both the federal and provincial levels. The federal Goods and Services Tax (GST) is a 5% tax applied to almost all goods and services sold in Canada. Additionally, some provinces have their own sales tax, known as the Provincial Sales Tax (PST) or the Harmonized Sales Tax (HST). The HST is a combined federal and provincial tax that is harmonized in certain provinces. The rate of the HST varies by province but is typically around 13-15%.
In the USA, sales tax is imposed by the individual states, and there is no federal sales tax. Each state sets its own sales tax rate, which generally ranges from 0% to 10% of the sale price. Some states also allow local municipalities to impose their own additional sales tax, leading to variations in the overall sales tax rate depending on the location of the sale.
Sales tax by province in Canada
- Alberta: 0%
- British Columbia: 7%
- Manitoba: 7%
- New Brunswick: 15%
- Newfoundland and Labrador: 15%
- Northwest Territories: 5%
- Nova Scotia: 15%
- Nunavut: 5%
- Ontario: 13%
- Prince Edward Island: 15%
- Quebec: 14.975%
- Saskatchewan: 11%
- Yukon: 5%
Sales tax by states in the USA:
- Alabama: 4%
- Alaska: 0%
- Arizona: 5.6%
- Arkansas: 6.5%
- California: 7.25%
- Colorado: 2.9%
- Connecticut: 6.35%
- Delaware: 0%
- Florida: 6%
- Georgia: 4%
- Hawaii: 4%
- Idaho: 6%
- Illinois: 6.25%
- Indiana: 7%
- Iowa: 6%
- Kansas: 6.5%
- Kentucky: 6%
- Louisiana: 4.45%
- Maine: 5.5%
- Maryland: 6%
- Massachusetts: 6.25%
- Michigan: 6%
- Minnesota: 6.875%
- Mississippi: 7%
- Missouri: 4.225%
- Montana: 0%
- Nebraska: 5.5%
- Nevada: 6.85%
- New Hampshire: 0%
- New Jersey: 6.625%
- New Mexico: 5.125%
- New York: 4%
- North Carolina: 4.75%
- North Dakota: 5%
- Ohio: 5.75%
- Oklahoma: 4.5%
- Oregon: 0%
- Pennsylvania: 6%
- Rhode Island: 7%
- South Carolina: 6%
- South Dakota: 4.5%
- Tennessee: 7%
- Texas: 6.25%
- Utah: 5.95%
- Vermont: 6%
- Virginia: 5.3%
- Washington: 6.5%
- West Virginia: 6%
- Wisconsin: 5%
- Wyoming: 4%