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Deduct and not pay are the same. Aren't they?
by jopsen 9y ago
Deduct and not pay are the same.
Aren't they?
- xyzzyz 9y agoNo, because each part of the chain has to cut a check to the government for the tax obligation created at their part of the chain, while in sales tax system, only the final retailers have to do it. As a chair manufacturer, you don’t use the invoice from wood wholesaler to deduct their whole tax obligation, just a part of it.