Retail sales in Cowlitz County increase since pandemic | Local company
Retail sales in Cowlitz and Clark counties are higher today than before the pandemic.
The Washington State Department of Employment Security reports the two counties had 27% more taxable retail sales in the second quarter of 2021 compared to the second quarter of 2019, before the state closed. businesses to protect citizens from COVID-19.
The state adjusted the data for current inflation and did not differentiate online sales from in-store sales, the department reports.
Washingtonians pay 6.5% of state sales or use tax on certain goods and services, whether purchases are made online or in stores. Municipalities can add more sales tax to the state amount.
According to the Washington State Department of Revenue, overall state retail sales tax revenue fell 1.5% in 2020 from 2019 due to the pandemic. However, state data shows retail sales tax increased by almost 14% in Cowlitz County from 2019 to 2020 and by around 7% in Clark County during the same period.
The Washington State Bureau of Financial Management said sales tax was the state’s main source of revenue in 2019. Washington is more dependent on excise taxes, like sales tax and tax. use, than most other states, reports the bureau.
Retail sales tax is not levied on items such as groceries, prescription drugs and medical services, while it is levied on services such as temporary accommodation in hotels and motels used during less than 30 days, according to a state legislative report.
The Department of Employment Security reports that Cowlitz and Clark counties are still recovering from hotel and motel sales. Accommodation in Cowlitz County reached $ 7.8 million in the second quarter of 2021, up from $ 9.1 million before the pandemic. Clark Country recorded $ 18.2 million in hosting sales in the second quarter of 2021, up from a high of $ 24.7 million before COVID-19, the department reports.
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