Even at a County Fair you still have to collect State sales tax on items sold.
Even at a County Fair you still have to collect State sales tax on items sold. So a $1.50 hot dog won’t be just $1.50 but will have tax added to it. Also, near the end of each day vendors often discount items, even ride tickets to sell as much as possible that day. As a member of the committee for the Fair, you will need to determine costs and income projected for the fair. You will also need to think about discounted tickets to encourage more ticket sales and whether you want to make any other discounts on the final day of the fair. To complete this task, work through the step-by-step directions on the worksheet.
- Download the Task 8 Worksheet
- Determine how much projected sales tax will be sent to the State.
- How much effect discounting ticket sales could have on the total cash made on the fair.
