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Never heard of this is any US state or country I’ve worked in and that’s many. Can you supply an example ?
by jamiek88 6y ago
Never heard of this is any US state or country I’ve worked in and that’s many.
Can you supply an example ?
- eloff 6y agoI haven't heard of it either, and it seems like it shouldn't be that way because individuals aren't taxed that way. But I'm no expert.
- evancox100 6y ago"As shown in the map, nine states (Arkansas, Kentucky, Louisiana, Maryland, Mississippi, Oklahoma, Texas, Virginia, and West Virginia) fully tax business inventory, with five additional states (Alaska, Georgia, Massachusetts, Michigan, and Vermont) levying partial taxes on business inventory." https://taxfoundation.org/state-business-inventory-tax-2021/ https://taxfoundation.org/state-business-inventory-tax-2021/
- eloff 6y agoWow, that's insane. For a supposedly business friendly place a lot of US regulations (and this tax!) are seriously bad for business.