This calculator helps residents and businesses calculate the Local Option Sales Tax (LOST) or Special Purpose Local Option Sales Tax (SPLOST) in Georgia. It's designed to be user-friendly and precise.
All calculations are based on the official sales tax rates provided by the Georgia Department of Revenue. All calculations are strictly based on the formulas and data provided by this source.
Total Sales Tax: Tax = Amount × (Tax Rate / 100)
Total Amount: Total = Amount + Tax
Consider an item priced at $100 with a tax rate of 7%. The total sales tax would be calculated as $7 (100 × 0.07), and the total amount would be $107.
The Local Option Sales Tax (LOST) is a tax imposed by local jurisdictions in Georgia for funding local projects.
The SPLOST is a tax used to fund specific capital outlay projects proposed by local governments.
You can find the current sales tax rates on the Georgia Department of Revenue's website.
Ensure that you are using the correct tax rate and that you've entered the correct amount.
Not all purchases are subject to sales tax. Certain items may be exempt or taxed at a different rate.
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Total Sales Tax: Tax = Amount × (Tax Rate / 100) Total Amount: Total = Amount + Tax