on 05-19-2006 2:45 AM
HI,
I would like to know some details regarding the tax issue in US/ Canada, like the tax rate in sales/ purchase, whether tax will be different for different items, any difference for retail and wholesales business scenario. ?
Thanks
in US the sales tax is different in each state and city
so you cannot just decide the sale tax yet.
for example,i was live in california. if i go to purchase anything outside my house (L.A area) the sales tax is 8.25%
if i drive a little far to redland area the tax rate is 7.5%
for online shopping, if they don't have a physical retail shop in my area and their state don't require out of state transaction to pay tax, i may end up with 0% sales tax.
so you have to ask your customer first.
the different rate for import tax also happen in different item, which depend on material and the contry you import from.
Message was edited by: Jerry Chang
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