Minimum Sales Rate Tax for 2024
| 6% | Column content | Column content | Column content | Column content | |
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| Minimum combined sales tax rate value | 6% | Column content | Column content | Column content | Column content |
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| Economic sales nexus threshold | $100,000 | Column content | Column content | Column content | Column content |
| Transactions threshold | N/A | Column content | Column content | Column content | Column content |
| Sales tax return filing due date | 20th day of the month following the reporting period | Column content | Column content | Column content | Column content |
The base state sales tax rate in Idaho is 6%, but since the city-specific tax rate is 0% and the Bonneville County tax rate is 0%, the minimum sales tax rate for Idaho Falls is 6%.
How to calculate your sales tax rate
Use our online sales tax calculator to determine the combined state and local sales tax rate for each location where you have a physical or economic nexus. Just enter your state and ZIP code to get your sales tax rate.
Looking for help calculating your sales tax? Contact us today to book a free consultation!
What is nexus?
In Idaho Falls, businesses must understand “nexus” to determine their tax obligations. Nexus refers to the connection that requires a business to collect sales tax in a state. This concept became even more important after the U.S. Supreme Court’s decision in South Dakota v. Wayfair, Inc., which allowed states to require sales tax collection based on economic activity rather than just a physical presence.
Specific sales tax rules for Idaho Falls
Sales tax exemptions cover a range of products, including aircraft, broadcast equipment, and clean rooms. Exemptions also often apply to contractors, certain computer software, farming and ranching supplies, funeral services, and heating materials.
Items used in logging, medical supplies (especially prescription drugs), mining, motor fuel, and goods for resale may qualify as well. Additionally, research and development purchases and some utility services are often exempt from sales tax.
Services
Generally not subject to sales tax
Goods
Most items, such as appliances, vehicles, furniture, sporting goods, and electronics, are taxable
Clothing
Taxable
Electronics
Taxable
SaaS
Generally not taxable
Digital Products
Taxable
Software
Pre-packaged and custom software are both subject to sales tax.
Freight/Shipping
Not directly taxable unless included in the price
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