KampData Knowledge Base

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====== Minimum and Maximum Taxable Amounts ======
Some taxes do not apply until a sale or purchase reaches a specified amount which we refer to as the **Minimum Taxable Amount**. 

Likewise some taxes no longer apply after a sale or purchase reaches a specified amount which we refer to as the **Maximum Taxable Amount**.

Occasionally one authority such as the county will collect tax up to a specified **Maximum Taxable Amount** at which point a city tax may kick in and collect on everything over that **Minimum Taxable Amount**.

At the time of this entry (October 18, 2014) the following states have one or more tax schedules that are affected by a minimum and/or maximum tax.
  * Alaska
  * Arizona
  * Florida
  * South Carolina
  * Tennessee

This was reexamined May 5, 2015 with the same results.
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[[Glossary]]