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The Texas state sales and use tax rate is 6.25 percent, but local taxing jurisdictions (cities, counties, special-purpose districts and transit authorities) also may impose sales and use tax up to 2 percent for a total maximum combined rate of 8.25 percent.
How to Calculate Sales Tax Find list price and tax percentage. Divide tax percentage by 100 to get tax rate as a decimal. Multiply list price by decimal tax rate to get tax amount. Add tax amount to list price to get total price.
Texas does not have an individual income tax. Texas does not have a corporate income tax but does levy a gross receipts tax. Texas has a 6.25 percent state sales tax rate, a max local sales tax rate of 2.00 percent, and an average combined state and local sales tax rate of 8.20 percent.
Texas imposes a 6.25 percent state sales and use tax on all retail sales, leases and rentals of most goods, as well as taxable services.
The minimum combined 2023 sales tax rate for Price, Texas is 8.25%. This is the total of state, county and city sales tax rates. The Texas sales tax rate is currently 6.25%. The County sales tax rate is 0%.