TITLE 63

REVENUE AND TAXATION

CHAPTER 36

SALES TAX

63-3643.  Cash rounding. (1) If a seller is unable to settle a cash transaction to the whole cent using denominations of United States coin or currency on hand, the seller may round either the total amount due for the transaction, or the amount of change due back to the purchaser, to the nearest multiple of five cents (5¢) as follows:

(a)  If the final digit of such amount is 1, 2, 6, or 7, the amount shall be rounded down to the nearest multiple of five cents (5¢); and

(b)  If the final digit of such amount is 3, 4, 8, or 9, the amount shall be rounded up to the nearest multiple of five cents (5¢).

(2)  The provisions of this section shall also apply to any cash refunds of purchases.

(3)  For the purposes of this section, "total amount due" means the sum of the total sales price plus any applicable taxes, fees, or other charges calculated to the nearest cent. Taxes shall be computed based on the total sales price before any rounding occurs under this subsection.

History:

[63-3643, added 2026, ch. 241, sec. 1, p. 1032.]