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How is VAT different from sales tax 2024?
Tax
tax different
Questioner:Ava Rodriguez 2023-05-07 14:46:12
The most authoritative answer in 2024
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Liam Roberts——Works at Microsoft, Lives in Redmond.
The Value Added
Tax is a form of indirect
tax that is imposed at
different stages of production on goods and services. ...
Sales tax, as compared to
VAT is the percentage of revenue imposed on the retail
sale of goods. Unlike
VAT,
sales tax is levied on the total value of goods and services purchased.
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