2 years ago

By state law, the local sales tax is fixed at no more than ______ percent of the value of the sale. Multiple choice question.

Business

1 answer:

Anna007 [38]2 years ago

3 0

State law in Texas posits that local sales tax cannot be more than<u> 2%</u> of the value of sale.

<h3>What does Texas state law say?</h3>

Texas state law allows for counties to charge sales taxes on goods and services sold in those areas.

They however limit the amount of taxes that can be paid to 2% so as not to overburden consumers who will have to bear the tax burden.

In conclusion, this is 2%.

Find out more on local sales taxes at brainly.com/question/802898.

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