Sales and Use Tax - As of June 30, 2011

Year Started
Sales Tax 1933; Use Tax 1935
What is Taxed?
Sales of tangible personal property; use or storage of property when sales tax not applicable
Who Pays?
Retailers of tangible personal property; purchasers, under certain circumstances
Number of Registrants
1,331,209 representing 1,532,278 business locations. The above number includes 513,215 use tax registrants.
Sales and Use Tax
Tax Rate 10-11 Revenues Revenue Change from
Fund Allocation – How Funds Are Used
7.25% (state portion of 8.25% uniform statewide rate) effective 4-09 $29.8 billion -0.8% 6.00% General Fund effective 4-09
0.50% Local Revenue Fund
$2.5 billion +4.8% 0.50% Local Public Safety Fund
$1.2 billion +4.7% 0.25% Fiscal Recovery Fund
Citation of the Law

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