In Europe businesses are most familiar with VAT . Although both Sales and Use Tax and VAT are indirect taxes, the implementation of the two taxes is very different.
This post is written by Paul Jones, Tax Analysts and is meant as a companion piece to a Wayfair webinar.
Some significant gross receipts tax changes will take effect in New Mexico on July 1, 2021. The Land of Enchantment is preparing for higher compensating taxes on sales of services and new sourcing rules. Read more:...
The sales and use tax rate for essential personal hygiene products in Virginia drops to 2.5 percent of the gross sales price as of January 1, 2020. This reduced rate already applies to sales of food for human...
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