2007-06-13 08:09:32 · 5 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
It depends......
If it is a store coupon, the coupon amount is usually subtracted from the price before the tax is charged. If it is manufacturer's coupon, the amount is subtracted after the tax is charged.
Also, the sales tax rules for coupons vary by state. So, like I said......it depends.
2007-06-13 08:30:44 · answer #1 · answered by Wayne Z 7 · 0⤊ 0⤋
It depends on the coupon.
If it is a store coupon, the store is discounting the price of the item and the tax is calculated on the price after the discount.
If it is a manufacturers coupon. The tax is computed on the normal selling price of the item, then the coupon amount is deducted. This is because the store will be reimbursed the amount of the coupon from the manufacturer.
2007-06-13 16:06:06 · answer #2 · answered by Tim 7 · 0⤊ 0⤋
Like Wayne stated it depends. Sales tax laws vary by state.
2007-06-13 16:03:10 · answer #3 · answered by Steve 6 · 0⤊ 0⤋
yes.
2007-06-13 15:16:29 · answer #4 · answered by ♥Mizz Al-Abbady♥ 5 · 0⤊ 0⤋
no
2007-06-13 15:11:51 · answer #5 · answered by Anonymous · 0⤊ 0⤋