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Are cough drops taxable in Florida?

Florida Nonprescription medication is tax exempt.

What items are exempt from sales tax in Indiana?

What purchases are exempt from the Indiana sales tax? Clothing. 7% Groceries. EXEMPT. Prepared Food. 9% Prescription Drugs. EXEMPT. OTC Drugs. 7%

What items have sales tax in Indiana?

Indiana imposes a state-wide 7 percent sales tax on the sale of most tangible items. However, the state offers exemptions on a range of goods and services, as well as for certain organizations and types of sales. Common exempt goods include unprepared grocery food and health care items.

What items in Florida are exempt from sales tax?

Florida offers generous exemptions to manufacturers. New machinery and equipment are not subject to Florida sales tax. Repair parts and labor to that machinery and equipment are also exempt. Utilities including electricity and natural gas consumed in production are exempt from Florida sales tax.

Are lozenges taxable?

Sales of over-the-counter medicines are taxable unless they are prescribed by a person authorized to prescribe the medicines such as a licensed physician, dentist, or podiatrist, and filled by a pharmacist. Examples of over- the-counter medicines include aspirin, cough syrups, cough drops, and throat lozenges, etc.

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Is medicine taxable in Florida?

Tax is not imposed on any common household remedy dispensed ing to an individual prescription or prescriptions written by a licensed practitioner authorized by Florida law to prescribe medicinal drugs.

Is bottled water taxable in Indiana?

Water in Indiana is never taxable, regardless of the distribution method, as long as it isnt sweetened. ing to Sales Tax Information Bulletin #29, Water mixed with sweeteners would be considered a soft drink, and therefore taxable..

What businesses are tax exempt in Florida?

Florida is a tax-friendly state that does not impose an income tax on individuals, and has a 6% sales tax. Corporations that do business in Florida are subject to a 5.5% income tax. However, LLCs, sole proprietorships and S corporations are, however, exempt from paying state income tax.

What is exempt from sales tax in Florida?

Florida offers generous exemptions to manufacturers. New machinery and equipment are not subject to Florida sales tax. Repair parts and labor to that machinery and equipment are also exempt. Utilities including electricity and natural gas consumed in production are exempt from Florida sales tax.

What are 3 items that are not taxable?

Nontaxable income wont be taxed, whether or not you enter it on your tax return. The following items are deemed nontaxable by the IRS: Inheritances, gifts and bequests. Cash rebates on items you purchase from a retailer, manufacturer or dealer.

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