Form St-118a - Consumer Use Tax Return For Purchases - 2011 Page 6

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Sales and Use Tax Rates
9%
Sale of Alcoholic Beverages
To Figure the Tax
Sales Over $100
The Sales and Use Tax Rate for
Amount
Tax
the Sale of Alcoholic Beverages in
$ 200.00
18.00
Maryland is 9%.
300.00
27.00
Divide the 9% sales tax rate by 100
400.00
36.00
to convert from a percentage to a
decimal.
500.00
45.00
600.00
54.00
To figure out the tax divide 9 by 100
to get 0.09.
700.00
63.00
Multiply 0.09 by the total of the
800.00
72.00
purchase subject to sales tax to find
900.00
81.00
the sales taxes on the items sold.
1000.00
90.00
Examples
Example
Example: Sale is $165.95
Tax on . . . . $100.00 . . . . $9.00
Total Sale
$ 165.95
Tax on . . . . . . 65.95 . . . . . 5.94
9% Tax
x
.09
Total Tax . . . . . . . . . . . $14.94
Total Tax
14.94
Example: Sale is $230.00
Total Sale
$ 165.95
Tax on . . . . $200.00 . . . $18.00
Total Tax
+ 14.94
Tax on . . . . . . 30.00 . . . . . 2.70
Total Price
$ 180.89
Total Tax . . . . . . . . . . . . $20.70

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Parent category: Financial
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