California Sales Tax for Veterinarians - Cash Discount

A cash discount on a retail sale is not subject to sales tax.


For example, if you sell a dog kennel for $350 less a ten percent discount ($35), tax would be due on $315, the total amount you received in connection with the sale ($350 price minus $35 discount = $315).

Your invoice or receipt should clearly list the original price, amount of discount, amount subject to tax, and the amount of tax applicable to the sale.


Source: California Department of Tax & Fee Administration (CDTFA)

Course: https://salestaxsolutions2000.com/california-sales-tax-veterinarians

Comments

Popular posts from this blog

California Sales Tax for Interior Designers - Repair Labor

California Sales Tax for Interior Designers - Cabinets

California Sales Tax for Interior Designers - Sales of Merchandise