Get the free Sales tax return - City of Evans 01 13 11.doc
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CITY OF EVANS SALES AND USE TAX RETURN Mail To: RDS Discovery Recovery Dept. Email: www.revds.com 1550 Latimer Street, Box 293 Phone: (866) 7792966 Denver, CO 802021602 Fax: (205) 4234099 YOU MUST
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How to fill out sales tax return
How to fill out sales tax return
01
Gather all sales data for the reporting period.
02
Separate taxable sales from non-taxable sales.
03
Calculate the total of taxable sales.
04
Determine the appropriate sales tax rate applicable to your business.
05
Multiply the total taxable sales by the sales tax rate to calculate the sales tax owed.
06
Fill out the sales tax return form with the required information, including your business details, sales data, and calculated sales tax.
07
Submit the completed sales tax return form along with the payment of sales tax owed to the relevant tax authority.
Who needs sales tax return?
01
Businesses that sell taxable goods or services are generally required to file a sales tax return.
02
This includes retail businesses, restaurants, online sellers, and other entities that engage in taxable sales.
03
The specific requirements may vary by jurisdiction, so it is important to consult with the local tax authority or a tax professional to determine if you need to file a sales tax return.
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What is sales tax return?
Sales tax return is a form filed with the tax authorities that reports the amount of sales tax collected by a business during a specific period.
Who is required to file sales tax return?
Businesses that make taxable sales are required to file sales tax returns.
How to fill out sales tax return?
To fill out a sales tax return, businesses need to report the total amount of sales made, calculate the sales tax collected, and provide other required information as per the tax authority's guidelines.
What is the purpose of sales tax return?
The purpose of a sales tax return is to report and remit the sales tax collected from customers to the tax authorities.
What information must be reported on sales tax return?
The information reported on a sales tax return typically includes total sales, taxable sales, sales tax collected, and any exemptions or deductions claimed.
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