How to Determine Sales Tax in Miami?

Answer Both the state of Florida and the county of Miami-Dade impose sales taxes on purchases. When you make a purchase in Miami, you must pay both sales taxes. However, according to the Federation of Tax... Read More »

Top Q&A For: How to Determine Sales Tax in Miami

How do I determine sales tax in Miami?

Understand that Miami's sales tax rate is 6 percent. Calculate applicable sales tax by multiplying the whole dollar amount of a taxable sale by .06. Use the Florida Department of Revenue's Sales Ta... Read More »

How do I determine sales tax?

Convert to a RateDivide the sales tax rate by 100 to convert if from a percentage to a decimal. For example, if the sales tax rate equals 4.94 percent, you would divide 4.94 by 100 to get 0.0494.Ca... Read More »

How much is the sales tax in Miami?

In Miami, Florida, the sales tax rate is 7 percent. The rate includes the standard 6 percent rate assessed throughout the state of Florida and an additional 1 percent tax called a discretionary sal... Read More »

How to Determine the Strengths & Weaknesses of a Sales Budget?

A sales budget is only as good as its assumptions, as it is difficult to forecast future trends and event. A sales budget takes the components of the selling process of a business to forecast sales... Read More »