1. What is Miami Sales Tax?

Miami, Florida has a combined sales tax rate of 7% (6% state rate + 1% local rate). This tax applies to most retail purchases of tangible goods and some services.

2. How Does the Calculator Work?

The calculator uses the simple formula:

Where:

• \( Amount \) — Purchase amount before tax in USD
• \( 0.07 \) — Miami's 7% combined sales tax rate

3. Importance of Sales Tax Calculation

Details: Accurate sales tax calculation helps with budgeting, financial planning, and ensuring proper tax collection for businesses.

4. Using the Calculator

Tips: Enter the purchase amount in USD. The calculator will compute the 7% tax and the total amount including tax.

5. Frequently Asked Questions (FAQ)

Q1: Are all items taxed at 7% in Miami?
A: No, some items like groceries and medicines may be exempt or taxed at different rates.

Q2: Does this include tourist taxes?
A: No, this is just the standard sales tax. Hotels and rentals may have additional taxes.

Q3: When did Miami's tax rate change to 7%?
A: The current rate has been in effect since [insert year when rate was last changed].

Q4: Are services taxed in Miami?
A: Most services are exempt, but some like commercial cleaning are taxable.

Q5: How does this compare to other Florida cities?
A: Miami's rate is higher than the state minimum (6%) but lower than some tourist areas that add additional local taxes.