What is the sales tax on a $20,000 car in Missouri?

Sales Tax Rate for Purchasing a Car in Missouri

To determine the current sales tax rate for purchasing a $20,000 car in Missouri, we need to consider both the state sales tax rate and any local sales tax rates that may apply based on the location of the purchase.

State Sales Tax Rate

- The state sales tax rate in Missouri is 4.225%.

Local Sales Tax Rates

- Local sales tax rates vary depending on the city and county.

- The provided [Missouri Department of Revenue document] outlines local sales tax rates for various cities and counties in Missouri.

- This document is to be used for determining the local sales tax to be collected at the time of application for title if the address of the applicant is within a city or county listed.

Calculating Total Sales Tax

1. Identify the city and county where the car purchase is taking place.

2. Refer to the provided local sales tax rate chart to find the specific local tax rate for that location.

3. Add the local sales tax rate to the state sales tax rate of 4.225% to get the total sales tax rate.

Example Calculation

- If the car is purchased in a location with a local sales tax rate of 3%, the total sales tax rate would be:

 - State sales tax: 4.225%

 - Local sales tax: 3%

 - Total sales tax rate: 7.225%

- The total sales tax on a $20,000 car at this rate would be:

 - $20,000 x 7.225% = $1,445

Please note that the example above is for illustrative purposes only. The actual local sales tax rate must be determined based on the specific location of the car purchase within Missouri. Use the provided local sales tax rate chart to find the accurate rate for your situation.

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Sources:

Missouri Secretary of State: Code of State Regulations 2024-08-03

Missouri Department of Revenue 2024-08-04

Missouri Tax Registration Application - Missouri Department of Revenue 2024-08-04

Missouri Sales and Use Tax Exemptions and Exclusions From Tax 2024-07-31

Sales/Use Tax Rate Tables - Missouri Department of Revenue 2024-08-03

Property Tax Credit - Missouri Department of Revenue 2024-08-03

FAQs - Individual Income Tax - Missouri Department of Revenue 2024-08-03

Individual Income Tax Year Changes - Missouri Department of Revenue 2024-08-03

Rules of Department of Revenue - Missouri Secretary of State 2024-06-07

MO-1040 2018 Individual Income Tax Long Form - Missouri Department of Revenue 2024-08-01