The Use Tax Defined: Learn more about what they are, where they apply and when they are due. Use taxes apply to a wide range of goods–any tangible personal property used, consumed or stored in the state–and services on which no sales tax was paid. Even if a sales tax was paid to an out-of-state vendor, if the sales tax rate in that state is lower than the rate in the buyer’s state, the difference may be applied as a use tax.
Use Taxes: What They Are, Where They Apply, When They Are Due
Posted by denissemarie under FinanceFrom http://abookkeeperscorner.com 4372 days ago
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