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Sunday, November 8th, 2009

Fly Away Cafe

Back to Basics: Sales Tax, GST, and VAT

Back to Basics:  Sales Tax, GST, and VAT

When we travel we often forget that things are not always as they are back “home.”  Here’s one difference that international visitors may find when they visit the United States:
Unlike many countries, the United States has no national sales tax that is comparable to the GST (goods and services tax) or the VAT (value added tax) that is found in many other countries.  Instead, each state, county and/or municipality sets their own tax rate.
This means that what you pay in tax in one location may be different from what you’d pay in another location.
Additionally, in some locations certain goods …read more


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