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To: Sunshine Sister

Connecticut Department of Revenue

http://askdrs.ct.gov/scripts/drsrightnow.cfg/php.exe/enduser/std_adp.php?p_faqid=480&p_created=1153931940&p_topview=1

Q. If my customer uses a coupon when making a purchase; do I charge sales tax on the price before or after subtracting the coupon?

A. Sales and use taxes must be calculated on the sales price after all price reductions taken at the time of sale, including deduction taken because a coupon is presented by the buyer. (Partial answer)


114 posted on 02/23/2010 8:54:34 AM PST by Wolverine (A Concerned Citizen)
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To: Wolverine

Thank you! I guess part of my research will be going to the KS dept of revenue and see. Or maybe I can just look at a grocery receipt. Gee that was easy!


120 posted on 02/23/2010 9:08:53 AM PST by Sunshine Sister
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To: Wolverine

It took a while but I finally found it. Sales tax in Kansas is on gross sales which means I pay the tax on my grocery bill, then coupons are subtracted. Should have known!


137 posted on 02/23/2010 9:38:34 AM PST by Sunshine Sister
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To: Wolverine

Good policy in CT. In Florida we pay the sales tax on the retail cost before coupon deduction. For example, Albertsons often has a one dollar sale on Marcal TP and paper towels. I then use my $1.00 off Marcal coupons to buy about 40 at the time. My cost comes to 6 cents each or about $2.40 for all of them. Still not a bad deal for paper products that will last me a couple of months.


140 posted on 02/23/2010 9:43:15 AM PST by PJ-Comix (I love ROCK 'N ROLL! I memorized the all WORDS to "WIPE-OUT'' in 1965!!)
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