Why are there 2 taxes on my Walmart receipt?
William Jenkins
Updated on January 13, 2026
Walmart only charges the taxes that are required by law. State sales tax can differ from state to state. If you see 2 different tax amounts on your receipt it is because in some places food tax is less than other items such as clothing etc.. so you’ll have separate amounts for those 2 types of items.
Why does Walmart charge to tax?
It’s revenue so the government can keep operating. They don’t have to charge you for it, they just have to pay it. The company could pay the sales taxes for every sale out of their profit margin if they choose to. As long as the numbers match up and the money is right, the government doesn’t care who pays them.
How does Walmart calculate tax?
How does Walmart Calculate Tax? Walmart executes its Algorithm for price calculation and Tax counting for the customers at the time of check out. The prices and taxes are calculated based on the state of the customer and seller, local and state laws, as well as the Sales Tax Policy of that Seller.
What is tax 1 and tax 2 on my receipt in TN?
Tax 1 is 9.250%. Tax 2 is 7.750%. Assuming 1 is sales tax, what is the other? & why are there 2? One sales tax rate is for groceries (7.750) the other is for everything else (9.250).
What does S Mean On Walmart Receipt?
The most predominant feature on any Walmart receipt is the purchased product names, their unique serial numbers, and price with any discounts applied. The extended numeral code at the bottom is the receipt number. A, B, P, R, & S represent sales tax compliance. While N, X & O stands for the tax status.
What percentage of tax does Walmart pay?
But Walmart used tax loopholes to reduce its effective tax rate – what it actually pays – to an average of 29.1 percent from 2008 to 2012.
What is Walmart’s effective tax rate?
WMT Annual Effective Tax Rate
| WMT Annual Effective Tax Rate | (Jan 31 2021) | (Jan 31 2019) |
|---|---|---|
| Y / Y Annual Pre-Tax Income Growth | 2.23 % | -24.22 % |
| Y / Y Annual Income taxes expenses / -benefit Growth | 39.53 % | -6.93 % |
| Annual Effective Tax Rate | 33.35 % | 37.36 % |
What does tax 1 and tax 2 mean?
Tax 1 = General Merchandise Rate. Tax 2 = Food Rate.
What do the codes on Walmart receipts mean?
Why does Walmart charge different taxes on different items?
Answer Wiki. Walmart only charges the taxes that are required by law. State sales tax can differ from state to state. If you see 2 different tax amounts on your receipt it is because in some places food tax is less than other items such as clothing etc.. so you’ll have separate amounts for those 2 types of items.
What’s the sales tax on a Walmart receipt?
– Many shoppers at a new St. Johns County Walmart left the store wondering why they have not one, but two taxes on their receipt — the 6.5 percent county sales tax and another 0.5 percent “tax.”
What’s the tax on a Walmart receipt in St Johns?
A “tax 1” and a “tax 2” can be seen on receipts from the Walmart that opened Wednesday at The Pavilion at Durbin Park, a 1,600-acre, mixed-use development in northern St. Johns County near Interstate 95 at the new 9B interchange. The first tax is St. Johns County’s 6.5 percent sales tax.
What does the second tax on a receipt mean?
In front of the second tax is “PIF,” which stands for public infrastructure fee, according to the county. The county stresses it is not a tax, but a fee. Although the receipt says tax, the county says it’s working with developers and retailers to make sure future receipts say “fee” instead of “tax.”
