Professional services: Often exempt, but specific cases vary. 5% sales tax, as it is considered a final consumer good.
Punta Gorda Sales Tax For Businesses: Understanding Rates and Exemptions
Unlike some municipalities with tiered rates for specific categories, the local application here is generally flat for taxable transactions. Generally, most physical products sold at retail are subject to the 7.
Prepared food from restaurants is also typically taxable. Tangible personal property: Generally taxable.
Punta Gorda Sales Tax For Businesses: Understanding Rates and Exemptions
Groceries, prescription medicines, and over-the-counter medications are prime examples of purchases that are exempt from the sales tax. Newspapers and magazines: Usually exempt.
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