In today’s topsy-turvy economic landscape, costs seem to only go in one direction: up. Inflation is rising. Consumer prices are increasing. But state legislatures around the country are proposing sales tax rate reductions, potentially making it easier for consumers to purchase goods and services despite the pressure of surging costs. Why is this happening?
Source: taxjar.com
Latest Posts in "United States"
- Trickiest countries in which to achieve compliance
- 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