
How is GST/VAT Different Than Sales Tax and Why is It Considered a Sales Tax?
Introduction When expanding your business internationally, understanding Goods and Services Tax (GST) and Value Added Tax (VAT) is crucial. While these taxes function similarly to sales tax in the U.S., they have significant differences in how they are applied and collected. This guide breaks down how GST/VAT differs from sales tax, how it impacts importers […]
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