2 ms·
> The reason North America, Australia, China are such attractive markets to sell into is because of their low sales tax rates. This is obviously wrong, each of
by bildung 6y ago
> The reason North America, Australia, China are such attractive markets to sell into is because of their low sales tax rates.
This is obviously wrong, each of these markets has a) vastly different tax rates (e.g. tax revenue per GDP per capita in China is 50% higher than that of the US) and taxation mechanics, and b) vastly different reasons for their respective releveance (i.e. industrialization in China, but raw materials in Australia).