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COMMISSION MEETING 1 APRIL 8, 2024GREENVILLE COUNTY CAPITAL PROJECTS SALES TAX COMMISSION5:30 PM | GREENVILLE COUNTY SQUARE | 301 UNIVERSITY RIDGE | GREENVILLE 29601 WWW.GREENVILLECOUNTYROADS.COMMENTING

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How to fill out capital projects sales tax

01

Determine the specific capital projects that you will be funding with the sales tax revenue.

02

Calculate the projected revenue from the sales tax based on sales projections and tax rates.

03

Develop a budget detailing how the sales tax revenue will be allocated to the capital projects.

04

Create a plan for collecting and monitoring the sales tax revenue to ensure it is being used for its intended purpose.

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Communicate with stakeholders and the public about the capital projects sales tax and how it will benefit the community.

Who needs capital projects sales tax?

01

Government entities looking to fund infrastructure projects such as roads, bridges, and public buildings.

02

Communities seeking to improve public amenities and services through capital investments.

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Residents interested in supporting local development and infrastructure improvements.

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What is capital projects sales tax?

Capital projects sales tax is a tax levied on the sale of goods and services specifically aimed at funding capital projects, such as infrastructure improvements and public facilities.

Who is required to file capital projects sales tax?

Businesses and entities that collect capital projects sales tax from their customers are required to file this tax.

How to fill out capital projects sales tax?

To fill out capital projects sales tax, businesses must complete the designated tax form, report the total sales amount, the amount of tax collected, and provide any necessary supporting documentation.

What is the purpose of capital projects sales tax?

The purpose of capital projects sales tax is to generate revenue specifically for funding capital-related projects, which can enhance community infrastructure and services.

What information must be reported on capital projects sales tax?

Businesses must report total sales, total tax collected, exemptions claimed, and any other relevant financial information as required by the tax authority.

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