Sales tax rate on a receipt
What the percentage line means, why it rarely matches the state rate, and how it is read.
The sales tax rate on a receipt is the percentage applied to the taxable part of the purchase. It appears next to the tax amount, usually below the subtotal.
In practice
The printed rate often combines state, county and city portions, so a receipt from one side of a city can carry a different rate than one from the other side. Reading the rate off the paper beats applying a default, because the default is right on average and wrong on the individual entry.
An example
A receipt with a subtotal of 295.20 and tax of 30.26 carries a rate of 10.25 percent. Slipstack reads both numbers and the printed rate, and checks that the three agree.
Nearby terms
Questions that follow
What if the receipt shows tax but no rate?
Read a receipt of your own
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