Sales tax is a tax imposed by state and local governments on the sale of goods and services and is usually calculated as a percentage of the sale price. Sales tax is sometimes referred to as retail sales tax.
In Ohio, sales tax is a tax levied on the sale of goods and services, and it is generally required to be collected by the retailer at the point of sale and then remitted to the state. The state sales tax rate in Ohio is currently set at 5.75%. However, in addition to the state tax, counties and regional transit authorities may impose additional sales and use taxes. This means the total tax rate can vary depending on the location within the state where the sale is made. The combined rate of state and local taxes in Ohio can range from 6.5% to 8%. Certain items may be exempt from sales tax, such as food sold for off-premises consumption, prescription drugs, and medical equipment. Businesses operating in Ohio are generally required to register with the Ohio Department of Taxation and obtain a vendor's license to collect and remit sales tax.