What Items are Not Taxed in Vermont?

What items are not taxed in Vermont?
Read more on tax.vermont.gov

In the northeastern part of the country, in the state of Vermont, you can find cheese, maple syrup, and beautiful scenery. Like the majority of states, Vermont levies state and local sales taxes on the majority of the goods and services bought and sold inside its borders. In Vermont, several items are excluded from paying sales tax.

In Vermont, the following things are exempt from taxes:

Groceries are exempt from sales tax in Vermont, as are foods meant for human consumption, such as meat, poultry, fish, dairy products, fruits, vegetables, and baked goods.

2. Prescription Drugs: In Vermont, both over-the-counter and prescription prescriptions are exempt from sales tax. Sales tax, however, applies to nutritional supplements, herbal medicines, and vitamins.

3. Clothing: In Vermont, general purpose clothing is likewise exempt from sales tax. Sales tax is however applicable to clothing accessories including jewelry, purses, and watches.

4. Agricultural Products: In Vermont, items like seeds, fertilizer, and insecticides are not subject to sales tax.

5. Medical Equipment: In Vermont, items like wheelchairs, crutches, and hearing aids are exempt from sales tax.

The answer to the query “Is Vermont a tax-free state?” is no. Localities in Vermont may tack on an additional 1% on top of the state’s 6% sales tax. As was previously established, some things are exempt from Vermont’s sales tax, including food, prescription medications, clothing, household goods, and medical equipment.

The value of real estate is taxed in Vermont through the use of property tax. The assessed value of a person’s property and the local tax rate determine how much property tax they must pay in Vermont.

The state of Louisiana has the highest sales tax in the US, to wrap up the discussion. The highest combined state and local sales tax rate in the US is 10.45% in Louisiana.

In conclusion, although Vermont is not a tax-free state, several things, including groceries, prescription medications, apparel, agricultural products, and medical equipment are excluded from the state’s sales tax. Property taxes are levied in Vermont as well, but Louisiana has the highest sales taxes in the US.

FAQ
What is the most tax friendly state?

The state with the lowest overall tax loads vary depending on the specifics of each case, although states like Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming are frequently named.

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