In Bloomington, Minnesota, the sales tax rate is 7.525%. This price is subject to a 6.875% state sales tax, a 0.5% transit sales tax, and a 0.15% Hennepin County sales tax. This implies that you will pay $7.53 in sales tax for every $100 spent in Bloomington on taxable goods.
Clothing is typically exempt from sales tax in Minnesota. There are a few exceptions to this rule, though. If shoes cost more than $200, they are taxed. So you won’t have to pay sales tax in Bloomington if you spend $150 on a pair of sneakers. However, if you spend $250 on a pair of shoes, you will be required to pay sales tax on the full amount. Who is liable for paying Minnesota’s sales tax?
In Minnesota, sales tax is due from every customer who purchases taxable products or services. This applies to people, companies, and organizations. The onus of collecting and sending the state’s sales tax falls on the vendor.
Clothing is not always free from sales tax. However, some states tax clothing at a lesser rate than they do other goods. For instance, Pennsylvania levies a 6% sales tax on the majority of its purchases but only levies a 0% tax on apparel. In a similar vein, Massachusetts levies sales tax at 6.25%, but only 0% on clothes.
Clothing and footwear purchased in New York for less than $110 are exempt from sales tax. However, the whole purchase price of apparel or shoes that cost more than $110 is liable to sales tax. Thus, you will not be required to pay sales tax in New York if you spend $100 on a coat. However, if you spend $200 on a coat, you’ll be required to pay sales tax on the full amount.
In conclusion, the Bloomington, Minnesota sales tax rate is 7.525%. In Minnesota, sales tax is due on all taxable purchases of goods and services, even shoes that cost more than $200. In some states, like Pennsylvania and Massachusetts, apparel is taxed at a lower rate than other goods. Clothing and footwear purchased in New York for less than $110 are exempt from sales tax.