The ins and outs of consumption tax: VAT, GST, and Sales Tax

The ins and outs of consumption tax: VAT, GST, and Sales Tax

Oh, the wonderful world of sales taxes. So many different delights to learn about, how could you choose just one? Well, we’ll choose for you. If you’re a business owner of any kind, you must understand consumption taxes. It touches every stage of production and every point of sale. Every time you pay for a material or service to create your product, you could be paying some amount of consumption tax. Read more…