The MTV network is set to introduce its first digital content, in a partnership with Netflix.The digital service will launch on May 16.The new digital content will be "exclusive to MTV, and we'll bring it to all of our users as soon as we can," MTV said in a statement.The move comes as the MTV channel faces pressure to make a digital subscription service attractive to young viewers.Last month, MTV...
An interactive map of state retail sales tax rates has been created by the Commerce Department to help consumers better understand what they can expect to pay for goods and services, and to help businesses better understand the tax implications of state laws.
The map was created to highlight the tax-related costs and benefits of various tax regimes in the US, as well as what can be done to ensure that they’re not unduly burdensome.
States with the highest average sales tax rate are in blue, with the lowest rate in red.
It includes a number of states with high sales tax burdens such as California, Georgia, Illinois, Indiana, New York, Oregon, South Carolina and Virginia.
States without the highest tax rate include Alaska, Colorado, Georgia and North Dakota.
The average sales price of an item sold in a state is calculated using state sales tax information, which includes information on the source, price and type of the item, and the taxable value of the product.
The data was derived from a methodology developed by the National Association of Manufacturers to provide consumers with more information on their taxes and other tax issues.
States that have high retail sales rates are also among the states that charge the highest effective state and local tax rates.
For example, New Hampshire’s effective tax rate is 14.5 percent.