Minimum Sales Rate Tax for 2024
| 6.35% | Column content | Column content | Column content | Column content | |
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| Minimum combined sales tax rate value | 6.5% | 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 | 200 (must be both) | Column content | Column content | Column content | Column content |
| Sales tax return filing due date | 20th or last day of the month following the reporting period. | Column content | Column content | Column content | Column content |
The statewide state sales tax rate in Connecticut is 6.5%, and since the Fairfield County and city-specific sales tax rates are both 0%, the minimum sales tax rate for Stamford is 7.5%.
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 Stamford, 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 Stamford
SaaS for personal use in Connecticut is taxed at the full state rate, while business use is taxed at a reduced rate of 1%. Digital goods and prewritten software accessed or transferred electronically are taxed at 6.35% for personal use, but only 1% for business use. Additionally, Connecticut applies a 7.75% luxury tax on items like apparel, handbags, luggage, umbrellas, wallets, and watches priced over $1,000, which exceeds the general sales tax rate of 6.35%.
Services
Generally not taxable.
Goods
Most physical items, such as appliances, cars, furniture, sporting equipment, and electronics, are subject to sales tax.
Clothing
Generally taxable.
Electronics
Taxable.
SaaS
Taxable.
Digital Products
Generally not taxable if delivered electronically.
Software
Taxable when prewritten or downloaded. Custom software may be exempt.
Freight/Shipping
Shipping charges are taxable if they’re related to the sale of taxable goods.
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