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CITY OF BLOOMINGTON SPECIAL MEETING NOTICE 109 E. OLIVE MONDAY, NOVEMBER 24, 2014 5:30 P.M.1. Call to Order2. Roll Call3. Public Comment4. Public Hearing regarding Proposed Text Amendment to Chapter

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How to fill out home rule sales tax

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Obtain the necessary forms from the local tax authority or download them from their website.

02

Fill out your basic information, such as your name, address, and contact information.

03

Provide information about your business, such as the type of products or services you offer.

04

Calculate and report the sales made within the jurisdiction where the home rule sales tax is applicable.

05

Determine the tax rate and apply it to the taxable sales amount to calculate the tax owed.

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Make sure to remit the tax owed within the specified deadline to avoid any penalties or interest.

Who needs home rule sales tax?

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Business owners who operate within jurisdictions that have implemented home rule sales tax.

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Individuals or entities that sell tangible goods or provide taxable services in areas with home rule sales tax.

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Organizations that are required by law to collect and remit sales tax based on their sales activity within a jurisdiction.

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What is home rule sales tax?

Home rule sales tax is a tax imposed by local governments on the sale of goods and services within their jurisdiction.

Who is required to file home rule sales tax?

Businesses that make sales within a home rule municipality are required to file home rule sales tax.

How to fill out home rule sales tax?

Home rule sales tax can be filled out online or through paper forms provided by the local government. Businesses need to report their total sales and calculate the tax owed.

What is the purpose of home rule sales tax?

The purpose of home rule sales tax is to generate revenue for local governments to fund public services and infrastructure.

What information must be reported on home rule sales tax?

Businesses must report their total sales, taxable sales, exemptions, and calculated tax amount on home rule sales tax forms.

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