ONESOURCE Indirect Tax Q3 14 Sales Tax & VAT Rate Report

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1 Tax Data Updates ONESOURCE Indirect Tax Q3 14 Sales Tax & VAT Rate Report 2014 Thomson Reuters. All rights reserved. For more assistance, use our online resources or contact Customer Support by opening a support request through the Software Support Network at or call us at onesource.indirecttax@thomsonreuters.com

2 US Standard Sales Tax Rate Changes 2014 State Rate Changes County Rate Changes City Rate Changes District Rate Changes Taxing States Taxing Counties Taxing Cities District Taxes Total US Special Sales Tax Rate Changes 2014 State Rate Changes County Rate Changes City Rate Changes District Rate Changes Taxing States Taxing Counties Taxing Cities District Taxes Total Note: special rates include non standard rates (e.g. rental, auto, and food)

3 2014 US Regular Sales Tax Rate Changes (total number of increases, decreases, and new rates) Months State County City District Subtotals Total Jan Feb Mar Q Apr May Jun Q Jul Aug Sep Q Oct 0 0 Nov 0 0 Dec 0 0 Q Total Changes 2014 US Special Sales Tax Rate Changes (total number of increases, decreases, and new rates) Months State County City District Subtotals Total Jan Feb Mar Q Apr May Jun Q Jul Aug Sep Q Oct Nov Dec Q Total Changes Note: special rates include non standard rates (e.g. rental, auto, and food)

4 Summary of Average U.S. Sales Tax Rates 2014 Year State Avg. Rate County Avg. Rate City Avg. Rate Combined Avg. Rate % 1.251% 1.762% 8.470%

5 Q3 SALES TAX HIGHLIGHTS State Level Standard Rate Change in Q3 2014: No states changed their sales/use tax rates this quarter. State Level Rate (state designated portion of the sales tax rate): Indiana, Mississippi, Jersey, Rhode Island, and Tennessee tied for the highest state sales tax rate at 7.0%. The second highest state sales tax rate was Minnesota at 6.875%. The third highest state sales tax rate was Nevada at 6.85%. The average state sales tax rate was 5.457% in Q3 14. County Level Rate (county designated portion of the sales tax rate): The highest county sales tax rate was Wrangell, AK at 7.0%. The next highest rate was Petersburg, AK and Sitka, AK at 6.0%. The third highest county rates were 5.0% in the following authorities: o Juneau, AK o Skagway, AK o Yakutat, AK o Chambers, AL (In unincorporated areas outside of police jurisdictions within the county) o Tuscaloosa, AL (In unincorporated areas outside of police jurisdictions within the county) o Hinsdale, CO o San Juan, CO o Iberville Parish, LA o Orleans Parish, LA o St. Bernard Parish, LA o St. Charles, LA The average county sales tax rate was 1.251% in Q3 14. City Level Rate (city designated portion of the sales tax rate): The highest city sales tax rate was Kodiak, AK at 7.0%. The second highest city rates were 6.5% in Hoonah, AK and Selawik, AK. The following cities were tied for the third highest city sales tax at 6.0%: o Anderson, AK o Bethel, AK o Buckland, AK o Cordova, AK o Dillingham, AK o Hydaburg, AK o Kotzebue, AK o Thorne Bay, AK o Tuba City (Navajo Nation), AZ The average city sales tax rate was 1.762% in Q3 14.

6 Combined: State/County/City Rate: The jurisdictions with the highest combined sales tax rates are as follows: o % Tuba City, AZ (Navajo Nation) o 12.5% Arab, AL (Cullman County) o 12.0% Dermott, AR (Chicot County) o 11.75% McKinley County, NM (Navajo Nation) o % Coconino County, AZ (Navajo Nation) o 11.7% Pinal County, AZ (Tohono O odham Nation) o % Mansfield, AR (Scott County) o % Cibola County, NM (Navajo Nation) o 11.5% Collinsville, AL (Cherokee County) o 11.5% Piedmont, AL (Cherokee County) o 11.5% Eudora, AR (Chicot County) o 11.5% Lake Village, AR (Chicot County) o % San Juan County, NM (Navajo Nation) o 11.25% Menifee, AR (Conway County) o 11.25% Sunset, AR (Crittenden County) The average combined rate was 8.470% in Q3 14.

7 Standard Rate Changes 2014 Country Rate Changes Country Rates State Rate Changes State Rates Total Special Rate Changes 2014 Country Rate Changes Country Rates State Rate Changes State Rates Total Product Taxability Changes 2014 From Law Changes Product Taxability Total

8 2014 INTL Regular Tax Rate Changes (total number of increases, decreases, and new rates) Months Country State Total Jan Feb Mar Q Apr May Jun Q Jul Aug Sep Q Oct 0 Nov 0 Dec 0 Q Total INTL Special Tax Rate Changes (total number of increases, decreases, and new rates) Months Country State Total Jan Feb Mar Q Apr May Jun Q Jul Aug Sep Q Oct 0 Nov 0 Dec 0 Q Total

9 Q3 VAT Highlights State Level Rates Changes in Q India Maharashtra In accordance with Notification No. VAT 1514CR 46, dated 11 July 2014 and with effect from 1 August 2014, a 2% rate was added for all kinds of cotton in the Indian state of Maharashtra. Argentina Capital Federal GIT The Standard Rate in Argentina Capital Federal GIT was raised to 3% by Ley No and the 3.5% rate and the 10% rate were end-dated.

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