Until recently, Minnesota rounded sales tax calculations by looking out to the ten-thousandths place – as reflected in the state’s official sales tax charts. Earlier this week I discovered that the state now has an online sales tax calculator that rounds by looking out only to the thousandths place. This means that the 6.875% sales tax on $1.38 could be either $.09 or $.10 depending on which...
Rounding Sales Tax Calculations
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