Sherman Sales Tax Rates for 2020

Sherman in Illinois has a tax rate of 6.75% for 2020, this includes the Illinois Sales Tax Rate of 6.25% and Local Sales Tax Rates in Sherman totaling 0.5%. You can find more tax rates and allowances for Sherman and Illinois in the 2020 Illinois Tax Tables.

How Does Sales Tax in Sherman compare to the rest of Illinois?

Sherman Sales Rates: This image illustrates a calculator robot calculating Sherman sales tax manually using the Sherman Sales Tax Formula. You can use this information to calculate Sherman Sales Tax manually or use the Sherman Sales Tax Calculator to calculate sales tax online.

Illinois has 802 seperate areas each with their own Sales Tax rates with the lowest Sales Tax rate in Illinois being 6.25% and the highest Sales Tax rate in Illinois at 10%.

How is Sales Tax Calculated in Sherman, Illinois

Sales Tax in Sherman, Illinois is calculated using the following formula:

Sales Tax Rate = s + c + l + sr

Where:

  • s = Illinois State Sales Tax Rate (6.25%)
  • c = County Sales Tax Rate
  • l = Local Sales Tax Rate
  • sr = Special Sales Tax Rate

You can calculate Sales Tax manually using the formula or use the Sherman Sales Tax Calculator or compare Sales Tax between different locations within Illinois using the Illinois State Sales Tax Comparison Calculator.

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