Serving Ventura County, Los Angeles County, and Santa Barbara County

California Sales Tax Increase Effective January 1, 2013

Tax-Rate

The California state sales tax will increase by 0.25% for four years, beginning January 1, 2013, bringing the standard statewide rate to 7.5% (currently 7.25%).  Be sure to watch out for Ventura county and your city’s tax increases as well.

The county and city taxes, referred to as “district taxes”, range from 0.125% to 1%.  In some areas there is more than one district tax in effect.  It is always best to double check the BOE website for the latest rates.

www.boe.ca.gov/sutax/pam71.htm

Click on “Tax Rates Effective October 1, 2012” or “New Tax Rates Effective January 1, 2013) for a list of cities and there corresponding tax rates.

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Written by Leatha McCoy

Leatha has been providing financial and accounting services to our individual and business clients since 1995. These services include tax preparation, audits, reviews, compilations, agreed upon procedures, management advisory services and litigation support. Contact Leatha Directly: lmccoy@pwdm.com

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