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presto8 | 10 months ago

Many B2B transactions are tax-exempt but it's complicated. And gets really complicated once international transactions are considered. And also whether the company has a physical nexus in the place the product is being purchased. All in all, I think it would be simpler if the US adopted VAT. But that seems very unlikely.

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9dev|10 months ago

Unlikely, given that the current administration seems incapable of understanding what VAT is in the first place…

Yeul|10 months ago

Last I checked VAT is the same rate regardless if the product is made in China or by pinguins on Antarctica so why anyone in the US gives a damn is beyond me.