3 ms·
We don't have a VAT. Each state/city has its own "sales tax" rate, which is the closest equivalent, and those vary from 0% to more than 10%.
by pwinnski 8y ago
We don't have a VAT. Each state/city has its own "sales tax" rate, which is the closest equivalent, and those vary from 0% to more than 10%.
- Twirrim 8y agoThere's three tiers that I'm aware of, state, county, and city. So much fun. I don't envy anyone that has to figure this mess out.
- ianmcgowan 8y agoThat would be nice. I work with leasing software and you’re right not to envy :-). There’s also county and city transit taxes. And if you are purchasing equipment from out of state and don’t pay sales tax, some localities charge a use tax which is a parallel system with its own rates and rules. Fun stuff!