Jamestown (CSi) The Jamestown Area Chamber of Commerce’s latest E-Newsletter outlined the following sales tax changes in Jamestown effective April 1, 2015.

The City of Jamestown will decrease its city sales, use, and gross receipts tax by one percent (1%). The tax rate for Jamestown starting April 1, 2015 will be one percent (1%).

Maximum Tax (Refund Cap) will be $25/sale

Maximum Tax (Refund Cap)

The maximum tax is the amount of tax that could apply to a single transaction. If the purchaser pays more than the maximum tax amount on a purchase, the purchaser may apply to the Tax Commissioner for a refund of any tax paid in excess of the maximum tax. Retailers may voluntarily collect up to the maximum tax amount as a convenience to their customers so the purchasers do not need to apply for a refund. Retailers are not required to calculate maximum tax and may continue to collect tax without regard to the maximum tax. Retailers should be consistent in the method they choose to calculate local taxes.

More information on state and local taxes, including the Local Option Taxes by Location Guideline, is available on line at    www.nd.gov/tax

Rate charts are also available on the web site. You may also contact the Tax Compliance Section at 701.328.1246 or by e-mail at salestax@nd.gov