3 years ago
What happens to sales tax when merchandise is returned?
Suppose you walked into a store and bought something for 10 dollars, with tax (6%) (Connecticut) your receipt would total $10.60.
Suppose you return that merchandise to the store. Does the tax get refunded? I would like to see the law or some offical documentation regarding what happens in a situation like this.
Suppose you return that merchandise to the store. Does the tax get refunded? I would like to see the law or some offical documentation regarding what happens in a situation like this.
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M$1 Answer
Unless otherwise specified, federal, state, and local laws don't cover refunds (there are exceptions like the various lemon laws). Refunds generally fall under the discretion of the business in question. Every major retailer I'm aware of will do a full refund including sales tax. I've heard cashiers use the term "tax override" for this. If for whatever reason you don't get a refund on sales tax, you should be able to deduct it from state/federal income taxes.
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