3 ms·

Many B2B transactions are tax-exempt but it's complicated. And gets really complicated once international transactions are considered. And also whether the comp

Many B2B transactions are tax-exempt but it's complicated. And gets really complicated once international transactions are considered. And also whether the company has a physical nexus in the place the product is being purchased. All in all, I think it would be simpler if the US adopted VAT. But that seems very unlikely.

9dev 1y ago
Unlikely, given that the current administration seems incapable of understanding what VAT is in the first place…
- Yeul 1y ago
  Last I checked VAT is the same rate regardless if the product is made in China or by pinguins on Antarctica so why anyone in the US gives a damn is beyond me.