Petersburg will vote on raising sales tax cap

A ballot proposition on October’s Petersburg election ballot will ask residents whether they want to increase the amount of a purchase that is subject to sales tax.

Currently, Petersburg collects its 6% tax on sales of goods and services up to the first $1,200 on the invoice. Above that amount is free from the tax.

The proposed municipal code amendment, approved for the ballot in a unanimous vote by the borough assembly on June 17, would raise the taxable sales limit to $5,000.

If approved by voters, the maximum sales tax on a purchase would increase from $72 to $300.

The sales tax cap was est...


Reader Comments(0)

Rendered 07/24/2024 13:34