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In what sense would rounding of sales taxes be in the favor of companies? Surely it goes to the government, not the company.
by tgb 6y ago
In what sense would rounding of sales taxes be in the favor of companies? Surely it goes to the government, not the company.
- frosted-flakes 6y agoThe rounding takes place at the point of sale, after tax is calculated. Receipts still list the un-rounded price, and tax is also paid on the un-rounded price. So to the government, it's as is if no rounding is taking place.
- tgb 6y agoThat is fishy.