Month: May 2022
The indirect feature of the tax means that the consumer bears the burden of the tax, however it’s collected and transferred to authorities by the seller. The most popular type of sales tax is the retail sales tax which is present on state-level in the United States.
No matter the economic status and situation, raw materials are always important and affect the economy of all countries. Their price depends on supply and demand, and global events such as wars can greatly affect them. For example, the Russian aggression against Ukraine