If you’re a US eCommerce seller, GST may not even be on your radar. We don’t blame you. With so many countries in the world implementing their own tax schemes, consumption taxes can get real complicated, real fast.
So here’s what you need to know. GST stands for “goods and services tax.” Like VAT, GST is typically charged at every stage of production. And like US sales tax, it’s typically levied as a flat-rate percentage, based on the value of the transaction.
Source Quaderno
Latest Posts in "World"
- E–invoicing Developments Tracker
- OECD Report: Effective Carbon Rates 2025 – Recent Trends in Taxes on Energy Use and Carbon Pricing
- Country Profiles on E-Invoicing, E-Reporting, E-Transport, SAF-T Mandates, and ViDA Initiatives
- Blog Ahu Ocak Caglayan: Field Notes from Recent Mandates: Patterns, Pitfalls, and Practical Fixes
- Book by Darko Pavic: The Fiscalization Compliance Maturity Model
