Wrangell Sentinel -

City alters single purchase sales tax cap

 

Starting April 1, according to a document from the City and Borough of Wrangell, the cap on sales taxes for single purchases has been increased from $1,500 to $3,000 or above. According to Finance Director Lee Burgess, this means that the sales tax for single purchases of $3,000 or more are capped at seven percent of $3,000, or $210. Any large purchases made after the beginning of April will have the new cap, while purchases before that date still have the old cap applied to them. Burgess emphasized that this only applies to single purchases in the amount of $3,000 or more, such as a car or...



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