The Department of Revenue has announced two upcoming sales tax rate changes, effective November 1, 2013.
Both the City of Munford and the City of Atoka will increase their local sales and use tax rates to 2.75%.
In both cities, the local option tax rate applies to the first $1,600 of the sale price of any single article of tangible personal property. The local tax cap on sales of single articles is $44.
There is also a state single article tax rate of 2.75%, which applies to any item of tangible personal property priced between $1,600.01 and $3,200.
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Avalara Author
Gail Cole
Gail began researching and writing about sales tax in 2012 and has been fascinated with it ever since. She has a penchant for uncovering unusual tax facts, and endeavors to make complex sales tax laws more digestible for both experts and laypeople.