Did you know that there is an easy way to verify your North Dakota sales tax rate? The ND.gov website has just been revamped to include easy navigation to calculate the sales tax rate for a specific location. Eide Bailly has put together a handy step-by-step guide on how to successfully identify your sales tax obligation.
BISMARCK, N.D. – Tax Commissioner Ryan Rauschenberger today released the 2014 annual North Dakota taxable sales and purchases report. Taxable sales and purchases during calendar year 2014 totaled $28.2 billion, an increase of nearly 11 percent over the $25.47 billion in 2013.
“Eleven percent is a substantial increase in North Dakota taxable sales and purchases, well above the 2 percent rate of inflation,” stated Ryan Rauschenberger. “This report shows a continuation of the rapid sales growth experienced nearly every year since 2010.”
Ten of the 15 major industry sectors saw growth from 2013 to 2014. Most notable among those showing increases were the wholesale trade industry with a $955 million increase (14.84 percent), the mining and oil extraction industry with a $806.4 million increase (18.38 percent), and the retail trade industry with a $328.77 million increase (5 percent).
The industry sectors with the most noticeable decreases were the construction industry with a $22 million decrease (-2.23 percent); the utilities industry with a $18.4 million decrease (-7.38 percent); and the educational, healthcare and social services industries with a $3.85 million decrease (5.84 percent).
The annual report includes data for the largest 200 cities in North Dakota, of which 82 reported increases and 116 reported decreases compared to 2013.
Of the 200 largest cities in North Dakota, the highest percent increases of 2014 (compared to 2013) were as follows:
- Burlington – Increase of 198.21 percent
- Davenport – Increase of 126.05 percent
- Sawyer – Increase of 83.71 percent
- Reeder – Increase of 83.28 percent
- Des Lacs – Increase of 82.52 percent
“All of the cities that experienced a near doubling of the sales tax bases are small,” Rauschenberger said. “Significant growth occurred not only in the oil-rich western side of the state, but also throughout nearly every region of the state.”
Rauschenberger went on to point out that a majority of the state’s larger population centers also posted strong growth. Six of the state’s eight major metropolitan/micropolitan areas – Bismarck (.21 percent), Dickinson (19.36 percent), Fargo (West Fargo 14.55 percent; Fargo 4.12 percent), Grand Forks (.38 percent), Minot (.36 percent) and Williston (8.71 percent) – saw an increase in taxable sales and purchases in 2014. Jamestown (-4.75 percent) and Wahpeton (-3.58 percent) are the two that saw decreases.
Statistics for the state’s 53 counties are also included in the report. Counties with the highest percent increases of 2014 (compared to 2013) were as follows:
- Dunn County – Increase of 62.41 percent
- Bottineau County – Increase of 44.33 percent
- McKenzie County – Increase of 39.44 percent
- Slope County – 29.78 percent
- Billings County – 22.95 percent
The 2014 annual North Dakota taxable sales and purchases report serves as a summary of economic activity that occurred in the state. The complete report can be accessed online at www.nd.gov/tax.
Graph: ND Total Taxable Sales & Purchases 5 Year $ Comparison
Graph: ND Taxable Sales & Purchases by Industry 2014
BISMARCK, N.D. – Tax Commissioner Ryan Rauschenberger announced today that taxable sales and purchases show robust growth for North Dakota’s economy throughout the second quarter of 2014. Seeing its largest increase since the third quarter of 2012, April, May and June of 2014 showed more than an 11 percent growth in total taxable sales and purchases compared to the same months in 2013.
“The second quarter report shows a very strong, yet sustainable growth rate for North Dakota’s economy,” said Rauschenberger. “We haven’t seen this large of an increase in nearly two years.”
North Dakota’s total taxable sales and purchases for the second quarter of 2014 were $7.029 billion. This figure is up $716.7 million compared to the same months in 2013, when taxable sales and purchases were $6.312 billion.
Click here to read more: 2014 2nd Quarter ND Sales Purchases
For anybody that deals with North Dakota on a regular basis:
FOR IMMEDIATE RELEASE
December 16, 2013
Contact: Ryan Rauschenberger, Deputy Tax Commissioner 701.328.2770
Kathryn Strombeck, Director of Research & Communications 701.328.3402
New Tax Commissioner Announces Deputy Tax Commissioner
BISMARCK, N.D. – Incoming Tax Commissioner Ryan Rauschenberger today announced that Joe Morrissette will serve as Deputy Tax Commissioner, effective January 1, 2014. Morrissette will fill the Deputy Tax Commissioner position being vacated by Rauschenberger. Governor Jack Dalrymple appointed Rauschenberger to fill the Tax Commissioner post beginning January 1, 2014.
Morrissette is a 20-year employee of the State of North Dakota. For the past 12 years, he has served as a Budget Analyst with the Office of Management and Budget (OMB). Prior to his service at OMB, Morrissette worked for the North Dakota Legislative Council. Morrissette holds undergraduate and Master’s degrees and is a Certified Public Accountant.
“Joe is an excellent choice for Deputy Tax Commissioner,” said Rauschenberger,” and he brings with him a wealth of experience in dealing with the fiscal matters vital to the State of North Dakota, and its taxpayers.” Rauschenberger added, “Joe’s budgetary and legislative backgrounds will be instrumental to the Tax Commissioner’s Office as, together with our dedicated staff, we meet the challenges of our growing economy.”
As the state’s Deputy Tax Commissioner, Morrissette will be responsible for leading the department’s research and policy team, will assist the tax commissioner in all areas of tax administration, will work with legislative committees regarding state tax policy, and will serve on boards and commissions as needed and directed by the Tax Commissioner.
“I am thankful to Commissioner Rauschenberger for this opportunity to serve the taxpayers of the State of North Dakota in this new capacity,” said Morrissette. “I look forward to working with the staff of the Tax Department, who is among the finest in state government.”
Morrissette officially becomes Deputy Tax Commissioner on January 1, 2014.
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North Dakota is offering a Sales Tax Refund for residents who incurred flood damage in the 2011 flood. There are some stipulations though.
To find out if you qualify, or to find out how to file for this refund visit the link below: