A Value Added Tax is imposed by nearly all countries outside of the United States and can apply to any organization, trade or business with international activities/transactions, such as buying or selling tangible services, importing goods or services into a VAT jurisdiction or intercompany supplies with an affiliate in a VAT jurisdiction.
Source: Andersen
Latest Posts in "United States"
- Maine Changes Sales Tax Timing for Leases Under New Implementation Rule
- Illinois Eliminates State Grocery Sales Tax, Allows Local 1% Tax Options
- California Extends Sales Tax Exclusion for Energy Projects Until 2028
- Washington Expands Sales Tax to IT Services, Marketing, and Online Classes
- Illinois Expands Hotel Tax to Short-Term Rental Platforms Like Airbnb Starting 2025
