- Sales tax is a consumption tax imposed by government authorities
- Including sales tax in the price can ease consumer friction at point of sale
- Inclusive pricing may enhance customer trust and satisfaction
- The obligation to collect and remit sales tax is a legal mandate in the United States
- Sales tax laws can vary significantly across state lines and municipalities
- Businesses must distinguish between sales taxes and seller’s use taxes
- Economic nexus laws mean businesses may be subject to sales tax even without physical presence
Source: trykintsugi.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
