Cryptocurrency Q&A
What is GST equivalent in USA?
What is GST equivalent in USA?
Valentino
Mon Oct 28 2024
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7 answers
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I'm curious about the American equivalent of GST. I want to know what tax system in the US is comparable to the Goods and Services Tax implemented in other countries.
7 answers
JejuSunshineSoul
Wed Oct 30 2024
In the United States, the tax imposed on the final sale of a product or service is referred to as Sales Tax.
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Andrea
Wed Oct 30 2024
This tax is unique in that it is not a flat rate applied uniformly to all invoices, unlike VAT or GST.
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Margherita
Tue Oct 29 2024
The Sales Tax rate varies depending on the state in which the transaction takes place.
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JejuSunrise
Tue Oct 29 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet options.
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BlockchainEmpiress
Tue Oct 29 2024
Each state has the autonomy to set its own Sales Tax rate, which can lead to significant differences across the country.
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