VATupdate

Share this post on

Your Guide to Sales and Use Tax Types: Understanding the Differences

Sales and use taxes are a crucial source of revenue for state governments in the United States. Currently, 45 states, the District of Columbia, and Puerto Rico impose sales and use taxes, while Alaska, Delaware, Montana, New Hampshire, and Oregon do not have a state sales and use tax.

  • What are sales taxes?
    • Seller’s Privilege Tax
    • Consumer Levy Tax
    • Transaction Tax
    • Gross Receipts Tax
  • What are use taxes?
    • Consumer Use Tax
    • Sellers’ Use Tax

Source: www.fonoa.com


Click on the logo to visit the website


 

 

Sponsors:

VAT news

Advertisements:

  • VAT news